×
201
Fashion Jobs
KITEX GARMENTS LIMITED
General Manager - Merchandiser
Permanent · ALUVA
ZODIAC CLOTHING CO LTD
Sourcing Officer (Fabric & Garment)
Permanent · MUMBAI
LIFESTYLE BRANDS
Head of Marketing, Louis Philippe - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Online Sales &Amp; Merchandising Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Group Manager - E-Commerce Product (B2B)
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Product, Louis Philippe
Permanent · BENGALURU
PANTALOONS HO
Senior Executive - Marketing
Permanent · PUNE
LIFESTYLE BRANDS
Manager - Trade Channel, Finance
Permanent · BENGALURU
LIFESTYLE BRANDS
Executive -Key Accounts (Mis),lp
Permanent · BENGALURU
LIFESTYLE BRANDS
Senior Executive - Garment Technician (ww &Amp; Kids), Pdqa
Permanent · BENGALURU
LIFESTYLE BRANDS
Sales Executive - Kannur &Amp; Kasargod
Permanent · BENGALURU
HIGH FASHION GARMENT COMPANY
Manager Humanr Resource (Male) From Mumbai Only
Permanent · MUMBAI
RAJ KHATRI FILMS PVT LTD
Digital Marketing Executive
Permanent · MUMBAI
PANTALOONS HO
Manager - Digital Marketing - Mumbai
Permanent · PUNE
LIFESTYLE BRANDS
Manager - Buying, Peter England- Bangalore
Permanent · BENGALURU
ANANDGUPTA COUTURE
Social Media Marketing & Fashion Design Assistant
Permanent · MUMBAI
DESIGNR
Sales Officer
Permanent · NEW DELHI
NETE.IN
CRM & Logistics Executive
Permanent · MUMBAI
FABINDIA OVERSEAS PVT. LTD.
Retail Planner
Permanent · NEW DELHI
SELECTIVE GLOBAL SEARCH PVT. LTD.
Business Development
Permanent · NEW DELHI
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KARIMNAGAR
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · MIRYALAGUDA

BigBasket reports 60% sales growth in FY19, expects break even soon

Published
today Nov 11, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Fast-moving consumer goods (FMCG) retailer BigBasket saw sales increase by 60% during the 2019 financial year and expects to break even in the coming four to six months as online shopping continues to grow.

BigBasket has seen online sales rise and expects the trend to continue in the 2020 financial year - BigBasket- Facebook


BigBasket reported crossing Rs 3,200 crore ($481 million) in sales in the 2019 financial year, ET Bureau reported.

“We hope to clock Rs 5,300 crore in the current fiscal and already have 12 million customers,” BigBasket’s founder Hari Menon told ET Bureau.

“Operationally, we will break even in the next 4-6 months.”

The online FMCG and groceries retailer has expanded its delivery and logistics sector through a partnership with the Chinese e-commerce business Alibaba, which also helped to drive sales.

“We learnt a lot about how express delivery works from Alibaba,” said Menon.

“Earlier, we used to deliver independently- one was van delivery and the other was bike delivery. Now we have integrated the two to optimise delivery.” 

BigBasket also began retailing cosmetics online in February, with its launch of The Beauty Store. The business aims to tap into India’s booming cosmetics market to aid growth, and now retails Indian and international makeup brands such as Faces Canada and Lakme.

Copyright © 2019 FashionNetwork.com All rights reserved.