New Delhi, Jan 7: The Indian quick commerce industry is estimated to reach $50 billion in gross order value (GOV) by FY30, which implies 60 million customers ordering eight times per month, according to an HSBC Research report on Tuesday.
New Delhi, Jan 7: Global brokerage firm Jefferies has downgraded Zomato's shares to 'hold' as it revised the target lower, citing increasing competition as a threat to the online food aggregator’s profitability.
New Delhi, January 7: India's quick commerce sector is expected to expand beyond groceries into new categories and cities in 2025 as Tier-2 and smaller cities embrace this model, says a report by Bernstein.
New Delhi, January 6: India's Quick Commerce retail market is on a remarkable growth trajectory. A report by Anand Rathi suggests that multiple player can co-exist in India's Quick Commerce retail market.
New Delhi, January 2: After daily essentials, beauty and cosmetics, pet care products, baby care products, food items, among others, Blinkit has added one more service to its kitty, and it is for a social cause - ambulances at patient's doorstep in about 10 minutes.
New Delhi, January 1: Aadit Palicha, co-founder and CEO of Zepto has three predictions as we welcome a New Year.