Myntra clocks 10 crores within the first five minutes of EORS


myntra business news this weekBengaluru, January 3, 2017: The 5th edition of Myntra’s End of Reason Sale opened at 12 AM on January 3rd to a record-breaking start with revenues of 10 crores in the first five minutes. About 11 lakh customers with VIP access to the sale, placed 2.5 lakh orders in the 4 hour shopping window provided to them before the actual start of the sale.
Speaking on the occasion, Ananth Narayanan, CEO, Myntra said, “The current edition of EORS has seen a great response with over 5 lakh orders placed as of 5 pm today and an additional 2.2 lakh orders during the preview of the sale. We are also witnessing a huge growth in the number of active users with about 16 lakh people on our platforms immediately after opening and an unprecedented rise of 400% in traffic over a normal day in the first hour.”
A quick look into the products ordered during the initial hours of the sale reveals that a majority of men shopped for sports shoes while women opted for kurtas, hand bags and watches. As of now sports is the highest selling category in EORS followed by men’s casual and women’s western wear.

Key highlights of day 1
– 1.5 million app downloads before opening of sale
– 1.5 million wishlists created during price reveal
– 5 lakh orders placed as of 5 pm today

About Myntra:

Myntra is India’s leading platform for fashion brands and pioneer in m-commerce play. Myntra has partnered with over 2000 leading fashion and lifestyle brands in the country such as Nike, adidas, Puma, Levis, Wrangler, Arrow, Jealous 21, Diesel, CAT, Harley Davidson, Ferrari, Timberland, US Polo, FabIndia, Biba and many more to offer a wide range in latest branded fashion and lifestyle wear. Myntra services over 19,000 pin codes across the country. With the largest in-season product catalogue, 100% authentic products, Cash on Delivery and 30-day Exchange/Return policy, Myntra is today the preferred shopping destination in India

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