Flipkart was founded in 2007 by two Indian Amazon employees, Sachin Bansal and Binny Bansal. The company is headquartered in Bangalore, India. At first, the platform focused on book sales, similar to Amazon, and then expanded to other categories, such as consumer electronics, clothing, fashion, etc. As of 2017, Flipkart's market share in India reached 39.5%. In May 2018, Walmart acquired 77% of the shares for US$16 billion and finally completed the acquisition on August 18, 2018. Flipkart Platform Advantages 1. Platform traffic advantage The monthly visitor number of Flipkart platform is as high as 69.8 million. The website ranks 9th in China and 173rd in the world. The number of users of the entire site exceeds 1 billion. 2. Platform product advantages The number of SKUs on Flipkart platform exceeds 800,000 3. Platform logistics advantages And the logistics covers more than 1,000 cities, so sellers do not need to worry about the logistics of the goods after settling in. They only need to provide the product pick-up point to Flipkart, and the platform's logistics partners will assist in transportation. Flipkart China Seller Registration Requirements GSTIN is India's tax registration number. To apply for GSTIN, you need a valid Indian mobile phone number, email address and PAN card that are linked to your business. PAN Card (Personal PAN for business type “Proprietorship” and Personal + Business PAN for business type “Company”) GSTIN/TIN number (not mandatory for few categories) Bank account and supporting KYC documents (proof of address and cancelled cheques) At least 1 unique product available for sale
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