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
A murder has brought into focus the risks agents face during cash-on-delivery orders
Quick commerce startup Zepto is seeking funding from domestic sources, including Indian family offices and high-net-worth individuals, as it prepares for its upcoming IPO
This comes amidst concerns that quick commerce players are eating into the business of small kirana stores
Nykaa has expanded its supply chain network to 44 warehouses across India by FY24, up from 18 in FY21
Launched in May 2023, the app has partnered with over 3,000 restaurants across cities like Mumbai, Pune, Jaipur, Bengaluru, and Hyderabad
According to industry watchers, quick commerce firms operate on thin margins, relying on high order frequencies and higher average order values (AOVs) to bolster their margins
Currently, 88% of Ikea's deliveries in India are made using electric vehicles
As part of its sustainability strategy, Swedish furniture giant Ikea has committed to entering all new markets, including the Delhi-NCR region, with an EV-first approach
Quick-commerce grocery delivery platform Zepto, currently based in Singapore, plans to relocate to India to prepare for its IPO filing
The e-commerce industry is poised for a 35 per cent surge in sales during the upcoming festive season, according to a TeamLease report
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
The company will continue to have an office in Mumbai, but its operations will largely be carried out through the new space in Bengaluru
ONDC promotes open networks for exchange of goods and services digitally, its platform-agnostic architecture allows buyers and sellers to transact irrespective of the platform they use
The company has been expanding its dark store network at a rapid pace over the last few quarters
Zomato's new 'Brand Packs' feature aims to boost customer loyalty for more than 4,000 restaurants on the food delivery platform
Ahead of its public listing, Zepto plans to ramp up hiring, aiming to add between 400 and 500 employees, focusing on engineering, product, category, growth, and marketing roles
Reliance Retail's new fast-delivery service is integrated into the JioMart mobile application under the 'hyperlocal delivery' option. The platform aims to bring delivery time down to 30 mins
Thousands of delivery drivers filed legal claims against Amazon on Tuesday, alleging the company's classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses. Two law firms spearheading the action said about 15,860 Amazon Flex drivers have submitted arbitration claims with the American Arbitration Association, where 453 similar cases are already being litigated. Amazon's Flex program, which was founded in 2015, signs up drivers to deliver packages with their own cars and a special app. The company pitches the work as a flexible, part-time opportunity that allows people to earn extra income during the hours they choose. Most drivers earn $18-25 per hour, according to Amazon, though how much they get paid can depend on other factors, such as their location and how long it takes to complete deliveries. The arbitration claims submitted Tuesday were made by drivers in California, Illinois and Massachusetts, all of which have