Page 7 - Online Grocery

Tata gets Competition Commission approval to acquire 64.3% in BigBasket

Tata Digital can acquire up to 64.3 % of the total share capital of Supermarket Grocery Supplies Private, which owns the online grocer.

The right policy cart

E-commerce rules should be stable and equitable

Tata seeks CCI nod to acquire up to 64.3% stake in BigBasket

The deal, if approved, would put Tata in direct competition with Amazon, Walmart's Flipkart

Dailybasket calls BigBasket a bully for serving it 'cease & desist' notice

Bigbasket's issue is with use of the word 'basket' by Coimbatore-based startup; the latter responds by creating website to counter the former's argument

Tatas to buy 68% in BigBasket for Rs 9,500 cr, deal likely in 4-5 weeks

The deal is the biggest in online groceries space so far, values BigBasket at Rs 13,500 cr; will give exit to investors Alibaba, Abraaj and IFC

Tata Group to buy 68% stake in BigBasket for Rs 9,500 crore: Report

BigBasket top management are likely to stay on for three to four years, the report said

Amazon integrates Pantry with Fresh in India; provide groceries in 2 hrs

The move would enable the e-commerce giant to simplify the grocery shopping experience for customers.

Amazon India to integrate Pantry, Fresh services to simplify grocery

Amazon India said it is integrating its 'Pantry' and 'Fresh' services in cities, including Delhi, Bengaluru, Ahmedabad and Mysore, to offer a simplified grocery shopping experience to customers.

Kirana comes full circle

Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery

BigBasket loss widens 6.7% to Rs 611 crore, revenue up 36% in FY20

The firm, which is soon to be acquired by the Tata Group, saw its total expenses widen 31 per cent from Rs 3,376 crore in FY19 to Rs 4,433 crore in FY20

BigBasket loss widens to Rs 611 cr in FY20 even as revenue rose 37.7%

BigBasket, has seen its consolidated losses widen to Rs 611 crore, even as revenue from operations increased 37.7 per cent to Rs 3,794.1 crore in FY20.

SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales

The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery

Online grocery to grow 8 times in 5 years in India, JioMart big gainer

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a potential to disrupt the space, the next big thing is delivery of groceries online

Online retail majors focus on sprawling small retailer base to boost reach

Small retailers are chary about integrating digitally with larger players on grounds that it will give them access to their customer bases

A path towards profitability: Online retail buys into private labels

Growing demand for value-for-money products and higher margins make this a profitable growth option

Explained: How Covid-19 pandemic has changed shopping on BigBasket

Online grocer BigBasket saw huge expansion on the back of lockdown restrictions but it had to first cope with logistics and back-end services to stay on course

Covid-19 impact: E-grocery to grow at a much faster rate beyond 2020

Likely to become $18-billion market by 2024 with Tatas, Reliance throwing their hats in the ring

India's favourite dish: A Biryani ordered per second, on Swiggy in 2020

The order analysis is based on millions of orders received by Swiggy

Grofers eyeing 4-fold rise in gross merchandise value at Rs 30K-cr by 2022

The company is adding one-two new cities every month to sell groceries and expecting to to expand its services to over 50 cities by June 2021 from 27 at present.

Instacart taps Goldman Sachs to lead IPO at $30 billion valuation: Report

Instacart has picked Goldman Sachs to lead its IPO, which could come early next year and value the US grocery delivery app at around $30 billion, people familiar with the matter said