Tag: quick commerce

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Zepto revenue growth: Zepto revenue more than doubles in FY24 to Rs 4,454 crore; net loss marginally down

Quick commerce firm Zepto reported operating revenue of Rs 4,454 crore in fiscal 2024, a 120% jump from FY23 in a year that...

Blinkit Bistro app: Blinkit enters 10-minute food delivery space with Bistro app

Zomato-owned quick commerce platform Blinkit has launched a standalone app Bistro, marking its foray into the 10-minute food delivery space. The service has...

Amazon quick delivery: Amazon to launch quick commerce deliveries in India amid boom in segment

Ecommerce marketplace Amazon India will launch a 15-minute delivery service - marking its foray into the rapidly growing quick commerce sector - from...

Myntra MNow: Myntra brings quick delivery to online fashion, launches 30-minute service

Myntra, India’s largest online lifestyle and fashion retailer, has joined the quick-commerce bandwagon, launching a 30-minute delivery service called M-Now in Bengaluru that...

Swiggy Instamart: Swiggy’s Instamart pushes for higher average order value; analysts say metric’s growth key to improve profitability

Quick commerce platform Swiggy Instamart, which reported 75% year-on-year gross sales growth in the September quarter, saw its average order value (AOV) of...

Shadowfax Technologies: Shadowfax Technologies swings to profit in FY24 with adjusted PAT at Rs 2 crore

Third-party logistics provider Shadowfax Technologies on Tuesday said it has recorded an adjusted profit after tax (PAT) of Rs 2 crore in FY24,...

META: Social media drives online shopping trend in India’s tier-II, tier-III markets: Meta study

Nearly seven in ten online shoppers in India's tier-II and III markets are using social media to find new products, with nearly 60%...

quick commerce: Ecommerce in competition with quick commerce

The ecommerce sector in the country is getting increasingly competitive as firms strive to reduce delivery time to same-day or even two-four hours...

FMCG companies quick to profit from rising star of ecommerce

KOLKATA|MUMBAI: Consumer goods companies are earning higher profits from quick commerce than other channels such as kiranas, grocery retail chains or regular ecommerce,...

quick commerce: Salaries for quick commerce delivery execs higher than food delivery: report

Delivery executives earn higher incomes through quick commerce compared to food delivery, said a new report, reflecting the rapid growth of the quick...

Myntra: Myntra pilots foray into quick commerce with ‘M-Now’ in select locations of Bengaluru

Flipkart-backed lifestyle ecommerce platform Myntra is piloting a quick delivery service that guarantees delivery within two hours in select areas of Bengaluru. The...

Zomato QIP: Zomato shareholders approve Rs 8,500 crore QIP plan as quick commerce competition heats up

Shareholders of food and grocery delivery firm Zomato have cleared its plan to raise Rs 8,500 crore via a qualified institutional placement, the...