quick commerce
Breaking News
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...
Premiumisation and pent-up demand to drive festive growth in 2024: Redseer Report
Premiumisation and pent-up demand are set to drive festive demand in 2024, according to a new report from Redseer Strategy Consultants. The͏͏ report͏͏ reveals͏͏...
Swiggy Instamart launches 24×7 delivery service in Delhi-NCR ahead of festive season
With the festive season approaching, quick commerce giant Swiggy Instamart has launched a 24×7 delivery service in the Delhi-NCR region.In͏͏ a͏͏ statement,͏͏ the͏͏ company͏͏...
India’s quick commerce sales surge 280% in two years, expected to reach USD 9.95 Bn by 2029
India's quick commerce industry has seen significant growth, with sales increasing by over 280 per cent in the past two years,͏͏ according͏͏ to͏͏ a͏͏...
