Quick Commerce
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Zomato’s Deepinder Goyal Addresses Restaurant Partners’ Concerns Over 10-Minute Delivery Model
As tensions rise between restaurateurs and food delivery platforms Zomato and Swiggy over the introduction of 10-minute food delivery services, Zomato’s cofounder and CEO,...
Zomato, Blinkit, and Zepto Drive Logistics Revolution: How 3PL Providers Are Reshaping Warehousing and Quick Deliveries
In 2024, third-party logistics (3PL) providers solidified their dominance in India’s industrial and warehousing sector, leasing a staggering 8.6 million square feet—vastly outpacing the...
India’s Quick Commerce Boom: 5,500 Dark Stores by FY26 and a $40 Billion Market by FY28
India’s quick commerce sector is poised for massive growth, with HSBC predicting 5,000 to 5,500 dark stores by the 2025-26 fiscal year. By 2027-28,...
Amazon Set to Launch Tez in India, Partnering with Cocoblu Retail for Fast Deliveries
Amazon is gearing up to introduce its quick commerce service, Tez, in India, having already launched a pilot program with its Bengaluru-based staff. Recent...
Quick Commerce Soars in 2024: Food, Fashion, and Medicines Lead the Charge
The year 2024 marked a pivotal shift in the quick commerce and last-mile delivery landscape across India. From food and fashion to medicines, a...
Zomato Faces Rs 95 Crore Increase in Losses and 14% EBITDA Decline, Sticking to Expansion Plans
Zomato, the food delivery leader, is preparing for a challenging year ahead as it forecasts continued losses in the near future. CEO Deepinder Goyal...
Zomato’s Blinkit Shifts Focus to Smaller Cities with New Dark Store Expansion
Blinkit continues to drive a significant portion of its revenue from major cities, but Zomato is now shifting focus to smaller cities, planning to...
Zomato’s Q3 FY25 Net Profit Plunges 66% Despite 13% Revenue Expansion
Zomato Ltd reported a net profit of ₹59 crore for Q3 FY25, marking a significant decline of 66.5% quarter-on-quarter (QoQ) from ₹176 crore in...
Innisfree’s Exciting New Collaboration with Blinkit: Instant Delivery of Sustainable Skincare to Your Doorstep
In a bid to make skincare shopping even more convenient, South Korean skincare giant Innisfree has joined forces with Blinkit, India’s leading Quick Commerce...
Shashwat Goenka’s Vision: Spencer’s JIFFY Set to Transform Retail
Spencer’s Retail, part of the RP Sanjiv Goenka Group, made its debut in the quick commerce space on Thursday with the launch of JIFFY,...
Food’s Old News: Quick Commerce is the New $3 Billion Cash Cow for Zomato and Swiggy
Quick commerce heavyweights like Zomato’s Blinkit, Swiggy’s Instamart, and Zepto are witnessing explosive growth in their gross order value (GOV). Zepto, in particular, announced that...
Blinkit Gets a ₹500 Cr Boost: Zomato’s Deepinder Goyal Takes on Swiggy’s Sriharsha and Zepto’s Aadit
Gurgaon-based Zomato has injected ₹500 crore into Blinkit, its quick commerce division, according to a recent filing with the Registrar of Companies (RoC).This latest...