quick commerce
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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...
RBI Points to Quick Commerce and E-Commerce as Growth Engines for India’s Economy
The Reserve Bank of India (RBI) has highlighted the growing influence of e-commerce and quick commerce in fueling private consumption in India.In its latest...
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...
FHRAI Strikes Back: Zomato and Swiggy Accused of Using Restaurant Data to Rip Off Competitors!
The Federation of Hotel & Restaurant Associations of India (FHRAI), representing over 60,000 hotels and 500,000 restaurants, has formally requested an immediate meeting with...
Zepto Goes Full Throttle: Triples GOV to $3B, Leaves Competitors in the Dust
Zepto, the quick-commerce platform co-founded by Aadit Palicha, has hit a major milestone, achieving $3 billion in annualized gross order value (GOV). Sharing the...
Quick Commerce Meets Tech: Asus Joins Hands with Zepto for Speedy Deliveries
Asus has partnered with Zepto, the Bengaluru-based quick-commerce company, to offer select computer accessories for rapid delivery across India. Starting this week, Zepto will...
Swiggy and Zomato Set to Slice Food Discounts, Leave Diners Hungry for Deals
Industry insiders suggest that food delivery giants Swiggy and Zomato are set to scale back their discount strategies as they face increasing competition in...