This initiative marks Amazon's first venture into offering a 15-minute delivery service globally; the initial rollout will include 1,000-2,000 products
Instamart's GOV growth has not translated into significant margin improvements, as higher marketing and employee expenses offset gains from reduced contribution margin losses
While announcing its September quarter results, management at Swiggy said its growth strategy for Instamart is based on hyperlocal expansion
Flipkart to launch 10-minute medicine delivery under its 'Flipkart Minutes' service, partnering with local chemists to tap into quick commerce and expand its online pharmacy footprint
Swiggy Instamart surpassed its 6-minute delivery promise, achieving a median delivery time of just 8 minutes across the top four Indian cities, the fastest among its peers
Amazon had planned to introduce the service in the first quarter of 2025, but the timeline has reportedly been expedited with the launch scheduled for this year-end or early 2025
Just last week, Blinkit rolled out 10-minute returns and exchanges for clothing and footwear in select cities, while Swiggy Instamart and Zepto are reportedly exploring similar features to keep up
India's quick commerce sector has seen an astonishing growth rate, with sales increasing by more than 280 per cent over the past two years
Dhanteras 2024: Quick commerce platforms are offering 10-min delivery of gold from major jewellers including Tanishq and Malabar amid the festive rush
To have at least half a dozen options for quick commerce is a good thing in an economy where concentration of large monopolies and duopolies is on the rise
For grocery deliveries, Neu Flash will utilise BigBasket while Croma will provide electronics and mobile phones, and Tata Cliq will manage fashion and lifestyle products
Blinkit's EMI feature aims to boost customer loyalty by providing flexible payment options for higher-value orders
The programme, on the lines of Fulfilled by Amazon (FBA), has already attracted over 200 brands
Retail distributors' body AICPDF has accused some quick commerce platforms of engaging in predatory pricing that leads to unfair competition with small retailers. The CCI will investigate the complain
The new service is launched in Mumbai, Bengaluru, Hyderabad, and Pune; company plans to add more cities soon
Zomato, Swiggy IPO: Swiggy, Macquarie said, seems to be 4-6 quarters behind Zomato in food delivery and quick commerce
Facing pressure from rivals such as Zepto, Flipkart, and Swiggy, which are aggressively competing to attract and retain top talent, Blinkit has extended its notice period policy from zero to 2 months