eBay India to Shut Down


Flipkart will shut down eBay India and launch a new platform to sell refurbished goods in the country. The move signals the strategic partnership between the two e commerce companies is coming to an end. eBay India has confirmed the report saying that it will stop accepting new orders from August 14, 2018. eBay India on its Transition FAQ page has announced that the site will stop accepting new orders from August 14 and sellers can list new items only till the end of this month July 31. It asked users to visit its global site to continue buying and selling products internationally. Sellers also would not be able to transition their seller status between platforms and will need to register as a seller again on Flipkart.

CEO Kalyan Krishnamurthy informed that the company has built a new value platform launching with refurbished goods. He said that the platform's customer base and F1 Info Solutions & Services, Flipkart can solve the issues of trust and convenience for refurbished goods. He confirmed that Flipkart that will launch a new site for refurbished goods after terminating all customer transactions on eBay.in on August 14.

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