fbpx
HomeNewsB2B platform Udaan ships over 2.25 Billion products in 2023, 900 sellers...

B2B platform Udaan ships over 2.25 Billion products in 2023, 900 sellers achieve INR 1 Crore sales each

[td_block_11 category_id="1561" ajax_pagination="next_prev" sort="popular1" limit="2"]

Udaan, a leading B2B e-commerce platform, shipped over 2.25 billion products across India in 2023. Additionally, 900 sellers on the platform achieved sales worth INR 1 crore each.

Udaan stated that the platform facilitated the sale of 31 million electronics products, nearly 30 million products each in the lifestyle and general merchandise categories, 10 lakh tonnes of essentials, and 2 lakh tonnes of FMCG (fast-moving consumer goods) products.

The company said, “Over 2.25 billion products catering to over 23 million orders were shipped by the platform in 2023. These orders were shipped across all states of Bharat. During this period, 900 sellers on the platform achieved sales worth INR 1 crore each, while close to 600 sellers did business worth INR 2 crores on the platform.”

Continue Exploring: Udaan secures $340 Million in Series E funding, eyes public market in 12-18 months

“Udaan encourages digitisation of payments among small retailers and kiranas. In 2023, 22 per cent of retailers on the udaan platform adopted digital payment methods,” it said.

Vaibhav Gupta, co-founder and CEO of udaan, said that the large volume of orders and higher repeat purchase rate highlights the preference udaan enjoys among its retailer partners.

“Encouraged by our solid performance, we will continue to work towards strengthening our market position and capitalise on the huge $150 billion opportunity that the Indian electronic B2B market offers,” Gupta said.

Continue Exploring: Udaan undergoes executive leadership restructuring as Group CFO Aditya Pande resigns

Latest articles

Adani Wilmar reports 13% surge in sales volume for June quarter

Adani Wilmar,͏͏ ͏͏a ͏l͏e͏a͏d͏in͏g͏ p͏͏la͏yer͏ in ͏͏͏͏th͏e edible oil ind͏ustr͏͏͏y, has r͏ep͏orted͏͏͏ ͏͏͏a 13%͏͏͏...

Domino’s Pizza master franchisee DPC Dash opens 900th store in China, plans further expansion

DPC Dash, ͏the sole͏ ͏master franchisee of Domino’s Pizza ͏f͏͏or ͏m͏ainla͏nd ͏China,͏ Hon͏g Ko͏ng,...

Fashion brand EasyBuy expands rapidly across India, surpassing 150 stores nationwide

EasyBuy, th͏͏e ͏͏c͏͏on͏͏tem͏porary ͏va͏l͏ue fashion brand, is a͏͏͏cce͏͏͏lerating ͏i͏ts n͏ationwid͏e pres͏͏en͏ce ͏w͏ith͏ ͏new ͏l͏arge͏...

Salman Khan’s apparel brand Being Human continues expansion with new Pune store

Being Human, an apparel brand overseen by a charitable trust led ͏by Bollywood actor...

Related Articles

Nestle raises concerns over surging coffee and cocoa prices, expects milk prices to follow suit

Nestle, the largest packaged food company globally, stated that commodity prices are encountering unparalleled...

Reliance partners with Sri Lanka’s Elephant House to expand beverage portfolio in India, taking on Coca-Cola and Pepsi

Reliance's FMCG division has partnered with a prominent Sri Lankan beverage company to bring...

Cargill partners with Voyage Foods to introduce sustainable cocoa-free confectionery options globally

As global demand for sustainable confectionery products grows, Cargill recently announced a new commercial...
× Drop a, Hi?