After eBay shutdown, Flipkart launches 2GUD Refurbished Goods Platform | August 23


ONAD-Flipkart on Wednesday finally launched its new e-commerce platform for refurbished goods

? Cool Title, but what’s the news?

Flipkart on Wednesday finally launched its new e-commerce platform for refurbished goods that it had revealed late last month, when CEO Kalyan Krishnamurthy announced the shutdown of eBay India.

? Okay, but what does it mean?

Called 2GUD, it is the company’s first foray into the refurbished goods market – which it says is expected to be a $20 billion (roughly Rs. 1,39,740 crores) market in 5-6 years. Flipkart’s 2GUD platform will initially only stock refurbished smartphones, laptops, tablets, and electronic accessories, though it will be extended to other categories including home appliances in the future.

? Why should I care?

Flipkart’s 2GUD will provide a post purchase warranty ranging from 3 to 12 months, and that products sold will be serviced through a network of service centres across the country. If you’re looking to purchase refurbished electronics from a trusted brand, this might just be the one you’ve been waiting for! Source: NDTV
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Written by

Vedant Kaushik