Business Standard

Monday, December 23, 2024 | 01:02 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Festival season propels demand for third-party logistics players

Further penetration into smaller cities will only add to this dependence on third-party delivery partners

Photo: Bloomberg
Premium

Photo: Bloomberg

Aryaman Gupta New Delhi
The festive sales for e-commerce players touched a new high at $5.7 billion this season, while the e-commerce industry has seen a surge in growth, the rub-off effect is seen on the third-party logistics (3PL) companies.

Players such as ShadowFax, Xpressbees, and Ecom Express have seen a prodigious increase in demand this festival season owing to a surge in delivery orders.

The SoftBank-backed e-commerce company Meesho recently beat out Amazon to become the second largest

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in