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Monday, January 06, 2025 | 10:45 PM ISTEN Hindi

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Foster competition: Policy should support, not restrict quick commerce

At a broader level, it's time for the government to frame the much-awaited e-commerce policy, which has been in the making for years now

Ecommerce majors Amazon and Flipkart, which are planning to scale up their quick  commerce (qcom) operations, may need to invest at least $1 billion each over the next two-three years to catch up with established platforms, such as Zomato-owned Blink
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Business Standard Editorial Comment Mumbai

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As they grow their business rapidly, quick commerce companies have come under the scanner of the government. Quick commerce is a unique business model with tremendous potential, not just in terms of valuation but in creating a place for itself in the global startup world. The companies delivering on their promise to bring anything from groceries to cooked food and personal goods to consumers in less than 10 minutes, there and thereabouts, are being quizzed by the authorities on their business models. This follows complaints made by traders, represented by the Confederation of All India Traders (CAIT). The CAIT’s argument

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