Flipkart all set to be a Marketplace

After months of speculation, ecommerce portal Flipkart is now all set to turn into a marketplace, a registration page for the sellers has gone online on Flipkart for the same.

Through sellers.flipkart.com page, Flipkart is inviting sellers to list their products on Flipkart and is also offering its own logistics for shipping products.

“We are continuously trying, testing and exploring multiple initiatives and it would be too early comment now. As and when we are ready with any offering we will definitely come back to you,” States the official statement from Flipkart.

A Marketplace allows the multiple third party companies to create their own ecommerce stores by listing their products and inventory information on its website and then the consumer transactions are processed by the marketplace operators.

In India there are various online marketplaces that have cropped up,where Flipkart will be competing with Ebay India, Snapdeal, Indiatimes Shopping, Rediff Shopping, Tradus.