Quick commerce and food delivery platforms saw an uptick in New Year's Eve demand, with grapes searches surging on Instamart and purchases spiking on Zepto
Delivery and quick commerce platforms raised per-order payouts and rolled out fresh incentives for December 31, even as gig worker unions called a nationwide strike over pay and conditions
Zomato's year-end data for 2025 shows Delhi NCR as its busiest market, logging over 40 million more orders than Mumbai and Bengaluru, driven by campuses, festivals and transit hubs
Food delivery platforms Zomato and Swiggy are offering more incentives to their delivery partners, a standard practice they follow on festive periods, to ensure minimal disruptions in services on New Year's Eve amid strike call by gig workers' unions. Telangana Gig and Platform Workers' Union (TGPWU) and Indian Federation of App-Based Transport Workers (IFAT) have claimed that lakhs of workers are set to join the nationwide strike to demand better payouts and improved working conditions. The strike may affect the operations of food delivery and quick commerce firms like Zomato, Swiggy, Blinkit, Instamart and Zepto on New Year's Eve, when demand is at an all-time high, according to industry sources. Zomato has offered delivery partners payouts of Rs 120 to Rs 150 per order during peak hours between 6 pm and 12 am on New Year's Eve. The platform has also promised earnings of up to Rs 3,000 over the course of the day, subject to order volumes and worker availability, people in the know
The first strike was staged on December 25, which disrupted Swiggy and Zomato food deliveries during the day in Gurugram and Noida
Delivery and quick commerce platforms are tightening operations and safety measures ahead of December 31 as gig worker unions plan a nationwide log-out strike over pay, conditions and social security
Vipin Kapooria, Chief Financial Officer of Eternal-owned quick commerce major Blinkit, has resigned a year after he joined the firm, sources said on Tuesday. Kapooria, a former Flipkart executive, has "moved on" from Blinkit, said people close to the development. There was no formal statement from Blinkit or its parent firm Eternal regarding the development. Kapooria's resignation comes at a time when competition in India's e-commerce space has intensified, and days after rival Zepto filed preliminary papers with markets regulator Sebi to raise Rs 11,000 crore through its initial public offering (IPO) using a confidential route. His former employer Flipkart is also reportedly gearing up for a potential listing next year.
The stock price of the parent company of food delivery platform Zomato and quick commerce Blinkit, was down 2% at ₹277.10 on Tuesday, trading at its lowest level since July 21, 2025.
Rising incomes, cheap smartphones and data, and improved roads have begun knitting smaller cities and industrial hubs into the national economy
Vipin Kapooria has resigned as chief financial officer of Blinkit, a little over a year after joining the quick commerce platform, as competition in the segment intensifies
Swiggy share price extended losses to fourth session, while Eterna share price reversed gains on Friday. The share prices were trading 1.77 per cent and 0.53 per cent down, respectively, as of 9:40 a.
According to the worker unions, gig workers are demanding clear and fair pay systems and the withdrawal of "10-minute delivery" models, which they say put lives at risk
Based on channel checks, Elara Capital analysts said the QSR universe is seeing soft demand trends in the current quarter, even after recent GST rate cuts.
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