quick commerce
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Govt to crack down on quick commerce firms over non-compliance with mandatory disclosures
The government plans to take action against quick commerce companies after receiving several consumer complaints about their lack of mandatory disclosures,͏͏ such͏͏ as͏͏ expiry͏͏...
Amazon teams up with Startup India to empower startups through e-commerce
Amazon India has teamed up with Startup India to launch several initiatives aimed at empowering startups to develop and expand their businesses through e-commerce.“Amazon͏͏...
Nykaa enters quick commerce fray with 10-minute delivery pilot in Mumbai
Nykaa, the listed beauty marketplace, is reportedly planning to enter the quick commerce sector to reclaim market share from competitors such as Blinkit, Zepto,...
FMCG giant Emami expects 4-5x growth in quick commerce sales over next two years
Emami, the home-grown FMCG giant, expects a four to five-fold increase in sales via quick commerce channels over the next two years, according to...
Zomato shares surge 4% as HSBC raises PT to INR 330
Zomato shares surged over 4% in early trading today after brokerage HSBC reaffirmed its 'buy' rating, citing the company's lead over Swiggy in growth...
India’s E-commerce market targets $325 billion by end of 2030 with 21% CAGR – Reports
India's online shopping market is expected to grow rapidly, reaching $325 billion by 2030, with a 21% compound annual growth rate (CAGR), according to...
Reliance Retail targets quick commerce market with JioMart, taking on Blinkit and Swiggy Instamart
Reliance Retail is making moves to enter the rapidly growing quick commerce sector, intensifying competition against Zomato's Blinkit, Swiggy Instamart, and BigBasket. The͏͏ nation's͏͏...
Blinkit introduces new option for businesses to add GSTIN dring purchases
Zomato-owned Blinkit has launched a new feature enabling businesses to add their goods and services tax identification number (GSTIN) when making purchases on the...
Amazon India records 25% surge in sales of home, kitchen, and outdoor items in Assam
E-commerce platform Amazon India saw a 25% growth in sales of home, kitchen, and outdoor products in Assam, especially in capital city Guwahati, compared...
IPO-bound Swiggy launches EV fleet for bulk orders in Gurgaon
As part of its aggressive push ahead of its public listing, the firm Swiggy has launched a bulk ordering service called Swiggy XL EV...
Zomato expands ESOP pool, allocates 1.2 Cr stock options to employees
Foodtech giant Zomato has increased the size of its employee stock option plan (ESOP) by allocating nearly 1.2 crore stock options to eligible employees.In͏͏...
FMCG firms adjust to quick commerce boom, cut distributor sales amid inventory oversupply
India's booming quick commerce sector is prompting fast-moving consumer goods (FMCG) companies to reduce sales to distributors in major cities and manage an oversupply...