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Flipkart has announced its 'End of Season Sale' (EOSS) event beginning December 7, 2024
As consumer preferences shift towards the convenience of last-minute grocery deliveries, quick commerce companies are outpacing traditional retailers, with 46 per cent of consumers surveyed reporting a cut in purchases from Kirana shops, a report has said. The quick commerce market size is expected to reach USD 40 billion by 2030, a jump from USD 6.1 billion in 2024, according to the report by Datum Intelligence. "Nearly half (46 per cent) of respondents report reduced spending at Kirana shops, indicating a shift in customer behavior towards quick commerce platforms," it noted. Quick commerce refers to the delivery of consumer items in 10-30 minutes. Blinkit, Zepto, Swiggy Instamart, and Flipkart Minutes are among the top quick commerce platforms in India. The quick commerce market is projected to capture approximately USD 1.28 billion of Kirana sales by 2024, accounting for 21 per cent of total sales on these platforms, the report further said. "Quick commerce's focus on speed an
In the case of silver, over the last few months, the commerce department tried to understand the reasons behind the surge in imports
Six out of ten consumers told a survey that most quick commerce and some ecommerce platforms were failing to display the 'best before date' as mandated by law
Amazon sets up over 20 war rooms compared to about 10 last year
Fashion, personal care & beauty, home & kitchen, and electronic accessories drove the majority of e-commerce traffic on Meesho
With the festive season approaching, E-commerce giant Meesho has joined forces with various lifestyle brands. With the deals, Meesho now sells products in 30 categories
Federation of Indian Chamber of Commerce and Industry's (Ficci) furniture industry mission has explored new avenues for collaboration with furniture businesses in Singapore as a market outreach programme. "This mission is an important milestone in deepening the relationship between the Indian and Singaporean furniture industries," Ficci Furniture Committee Chair Rudra Chatterjee, who led the industry delegation to the city state, said. "We are excited to explore new avenues for collaboration, which can drive growth and prosperity in both markets," he said after interaction with the Singapore Furniture Industries Council (SFIC) on Wednesday. "The collaboration opportunities between SFIC and Ficci present exciting opportunities in areas like sustainability, design and market expansion," SFIC President Phua Boon Huat said after hosting a roundtable and B2B meetings. "We are happy to welcome the Ficci delegation to Singapore, building on recent high-level engagements between our two ..
The capital raised by the firm will be used for the launch and marketing of the fragrance range, set to hit the market on August 30
Union Commerce Minister Piyush Goyal raised concerns over the rapid growth of e-commerce in India, questions predatory pricing strategies employed by online retail giants
The quick-commerce space is becoming an attractive business opportunity, witnessing increased interest from investors. Big guns like Reliance and Walmart want to enter the sector too
Krishnamurthy said the government's commitment to green energy and critical mineral missions underscores a forward-looking strategy to ensure sustainable development
India's beauty and personal care market, which saw a fourfold increase from 2006 to 2022, is expected to multiply fivefold over the next 15 years
Gurgaon-based Delhivery has started overseeing larger warehouses for Swiggy Instamart while Xpressbees is discussing partnerships with key players in the industry
The new government is likely to complete the unfinished agenda, particularly related to signing of the free trade agreement (FTA) with Oman
In this short span, Valmo has expanded its reach to include 6,000 pin codes across over 20 cities. The platform has over 3,000 micro entrepreneurs
Sharon Pais says the demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick
Competition regulator to soon share report with firms
Major players are working with sellers on their platforms to change the listing of products
The number of employees receiving increments this year will be higher than last year, according to the sources