EBay’s catalogue integration is estimated to be complete in the next couple of months. It has taken a board observer seat in the company.
"This deal will also allow shopkeepers on our platform to source over a million unique international products from eBay's global base," Sharma said. Paytm Mall claims to have more than 100,000 sellers on its platform.
Sharma said cross border business will account for about 10-15% of Paytm Mall's overall sales in the next one year.
“This new relationship will accelerate our cross-border trade efforts in a rapidly growing market, providing Paytm and Paytm Mall customers access to eBay’s selection,” said Jooman Park, eBay Senior Vice President, APAC.
EBay will, however, continue to operate its e-commerce portal in India.