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That report said that the quick commerce

Posted: Mon Dec 23, 2024 6:08 am
by si.nf.o.269
India’s eCommerce and quick commerce market has also attracted global retail giants like Walmart and Amazon. As noted here earlier this month, Amazon has begun testing 15-minute-or-less grocery deliveries, part of a wave of companies promising super-fast deliveries of products such as groceries and electronics in India. Amazon aims to focus on launching a program to offer the largest selection at fastest speeds and greatest value to customers in every single pin-code across the country, Samir Kumar, country manager of Amazon India, said in a statement to Reuters.

sector in India is expected to exceed $6 bill phone numbers in saudi arabia ion in annual sales for 2024, up from $100 million in 2020. The Walmart-backed Flipkart is another player in this space, having earlier this year begun a quick commerce pilot that promised grocery deliveries in 10 minutes. The quick commerce model also faces pressures from India’s traditional retailers, who contend they are having trouble competing with the sharp discounts and fast service that these platforms can offer.

In October, the All India Consumer Products Distributors Federation, the country’s largest retail distribution trade group, called for an antitrust probe of three of India’s largest quick commerce companies — Zomato’s Blinkit, Swiggy and Zepto — over claims of predatory pricing. Recommended India Forms 'Tip of the Spear' for Global eCommerce Growth Bluesky Clouded by Scammers as Social Platform's Popularity Grows OpenAI Preps AI Model With Improved Humanlike Reasoning Was Your Favorite Holiday Tradition Once a Marketing Campaign?