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Binny Bansal wants to become king of the world! Flipkart to focus on key areas to take on Chinese giants

Binny Bansal wants to become king of the world! Flipkart to focus on key areas to take on Chinese giants
Flipkart’s Binny Bansal is not satisfied with being number one in India and wants to spread his wings in other parts of the world too.

The new CEO of Flipkart, Bansal, wants to trump Chinese e-commerce giants like Alibaba and Baidu.

As per reports, Bansal will increase his focus in two areas, ecommerce business and logistics.

The Flipkart CEO also wants to improve customer experience.

Bansal has set a target of 10 years in which he wants to lead in his sector.

Bansal is also expanding the warehouse business-eKart.

"We are taking a big bet on externalising eKart, (which will) start to work with other businesses apart from Flipkart and Myntra," Bansal told ET, adding eKart is the new joker in the bag.

As per Goldman Sachs, the Indian ecommerce market is expected to triple to $68.8 billion by fiscal year 2020.

After Bansal took over as CEO, he said he will be expanding and strengthening the core commerce platform.

Now after Mukesh Bansal's resignation, Binny Bansal is in-charge of all the business segments at Flipkart.


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