Tag: quick commerce

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‘Online platforms changing buying pattern among urban consumers’

NEW DELHI: Online platforms have changed the buying patterns of consumers who, especially in the metro cities, have shifted "from top-up to stock-up...

Zomato market share: Zomato leads food delivery with 58% market share in Q1, Blinkit tops quick commerce

Deepinder Goyal-led Zomato is leading India's food delivery space with a market share of 58% in the first quarter of FY25, according to...

Quick commerce taps identity verification companies to curb frauds amid ramp-up

Quick commerce players are increasingly engaging with identity verification firms such as IDfy, Bureau and Equal to conduct background checks on delivery personnel,...

quick commerce: Quick commerce denting kirana sales, not affecting large ecommerce as much: Delhivery CEO

Quick commerce is disrupting traditional kiranas, or neighbourhood stores, more than large ecommerce platforms, said Sahil Barua, chief executive officer of new-age logistics...

quick commerce: Quick commerce is eating into kirana sales, says report

More than $1 billion of kirana sales are expected to move to quick commerce in 2024, according to ecommerce consultancy Datum Intelligence. This...

Ecommerce sales: Festive sales end with a bang, after Rs 1 lakh crore of clicks

Ecommerce platforms recorded total sales of nearly Rs 1 lakh crore (about $11.9 billion) during the month-long festive season that ended last week,...

Swiggy IPO: Swiggy IPO anchor book oversubscribed 25x; bids worth over $15 billion received from global and domestic investors

Swiggy's Rs 11,300 crore IPO is off to a promising start, with the food and grocery delivery giant’s anchor book seeing substantial interest...

Amazon India: Amazon India units post moderate growth, cut losses in FY24

Amazon India’s logistics and payments arms reported 7-9% growth in operating revenue and moderately lower losses for the fiscal year ended March 2024,...

quick commerce: Quick commerce platforms see surge in Diwali gift orders

Quick commerce platforms are seeing a surge in Diwali gift orders as they seek to increase their market share during the festive season....

Flipkart: Flipkart marketplace arm revenue grows 21% to Rs 17,907 crore, cuts loss by 41% in FY24

Flipkart Internet, the marketplace arm of Flipkart, reported revenue of Rs 17,907.3 crore in FY24, reflecting nearly 21% growth, according to regulatory filings...

quick commerce: Tatas to enter red-hot quick commerce space with ‘Neu Flash’

After Flipkart and Reliance Industries (RIL), Tatas are the latest ecommerce incumbents to join the ultra-fast delivery bandwagon as customer demand continues to...

nykaa: Quick commerce is taking demand from neighbourhood stores: Nykaa’s Falguni Nayar

Falguni Nayar, founder and chief executive of beauty and fashion retailer Nykaa, said quick commerce has impacted offline channels such as general and...