What is behind the rise of quick commerce? | Explained
3 weeks ago

What is behind the rise of quick commerce? | Explained

The Hindu  

The story so far: Quick commerce’s initial utility was presented to under-lockdown customers during the COVID-19 pandemic. According to a survey by consultancy firm NeilsenIQ, 41% of urban consumers prefer modern trade, general trade 25%, e-commerce 22% and quick commerce 12%. Further, according to another consultancy firm Deloitte, large FMCG brands reported a two-fold increase in share of quick commerce within their total e-commerce sales. A separate Deloitte consumer survey also observed consumers’ preference for quick commerce over traditional e-commerce for purchasing food and beverages. Non-government organisations, representing FMCG stockists and distributors across India, and the All-India Consumer Products Distribution Federation in their recent complaint to the Competition Commission of India accused the quick commerce trio of anti-competitive practices.

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History of this topic

Fast and furious: Early-stage startups tweak supply chain operations as they shift to quick commerce lane
1 week, 1 day ago

Fast and furious: Early-stage startups tweak supply chain operations as they shift to quick commerce lane

Live Mint  

Bengaluru: Early-stage startups are tweaking their supply chain operations and rushing to tie up with companies including Blinkit, Zepto and Instamart to make quick commerce their primary distribution channel and accelerate sales, according to company executives and investors. “This is a great channel for new-age consumer companies like us as it provides access in a much bigger way without having …

Retailers report 52% drop in essential goods sales due to quick commerce
2 weeks, 2 days ago

Retailers report 52% drop in essential goods sales due to quick commerce

Live Mint  

New Delhi, March 16 : The rise of quick commerce has caused a significant decline in the sale of food, beverages and confectionery in urban centers, as 52 per cent of physical store retailers reported experiencing the drop, according to a report by global consulting firm PwC. On the flip side, q-commerce's expansion into tier 2 and tier 3 regions, …

Why India’s FMCG giants are teaming up with upstarts looking to disrupt them—and why it makes sense
1 month, 1 week ago

Why India’s FMCG giants are teaming up with upstarts looking to disrupt them—and why it makes sense

Live Mint  

Some of India’s most prominent packaged consumer goods companies that spent decades finetuning their distribution and supply chain models are embracing the new bunch of upstarts looking to disrupt their operations. “Compared to last year, Godrej Consumer Products has seen a 2 times increase in quick commerce,” said Krishna Khatwani, head of sales, Godrej Consumer Products. “Quick commerce obviously is …

Quick commerce to expand into new categories and cities in 2025; smaller cities embrace the model: Bernstein Report
2 months, 3 weeks ago

Quick commerce to expand into new categories and cities in 2025; smaller cities embrace the model: Bernstein Report

Live Mint  

New Delhi, January 7 : India's quick commerce sector is expected to expand beyond groceries into new categories and cities in 2025 as Tier-2 and smaller cities embrace this model, says a report by Bernstein. It said, "2025 will see amplification of Quick commerce as new categories & new cities drive stronger growth. The report said, "D2C brands have seen …

Why q-commerce is driving more new-age brands to tap alternative financiers
2 months, 3 weeks ago

Why q-commerce is driving more new-age brands to tap alternative financiers

Live Mint  

Bengaluru: As quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto revolutionize consumer shopping habits, direct-to-consumer brands are increasingly turning to alternative financiers to secure larger working capital needed to stay competitive. Delhi-based debt marketplace Recur Club has disbursed as much as ₹150 crore to consumer startups to fuel their quick commerce ambitions in the last four months alone, a …

Delivery partners and the new Kunal Kamra unions
2 months, 3 weeks ago

Delivery partners and the new Kunal Kamra unions

New Indian Express  

The government has also contributed to the chaos. More recently, quick commerce companies, backed by huge investments, have found a new niche – impulse buying by consumers; and ability to deliver in 8 to 20 minutes round the clock. Though still small, the gross merchandise value of quick commerce, mainly from groceries, increased from Rs 50 crore in FY2022 to …

Quick commerce is rocketing. So, are kiranas on the way out?
2 months, 4 weeks ago

Quick commerce is rocketing. So, are kiranas on the way out?

Live Mint  

New Delhi: In little more than a couple of years, quick commerce has turned into the great hope of India’s startup landscape. As of 2023-24, according to data compiled by the National Sample Survey, there were around 22.8 million ‘unincorporated’ establishments conducting some sort of trade. Quick economics Ultimately, the ‘decline’ of kiranas may have come about from a combination …

Quick commerce in India: Boon or bubble waiting to burst?
Trending News
2 months, 4 weeks ago

Quick commerce in India: Boon or bubble waiting to burst?

Live Mint  

Quick commerce has rapidly emerged as a fast-growing segment and a game-changer in India’s retail industry, merging the convenience of e-commerce with ultra-fast deliveries. Key players and market dynamics India’s q-commerce sector is dominated by Blinkit, Zepto, and Swiggy’s Instamart. According to news reports, q-commerce platforms have diverted approximately $1.28 billion in sales from these stores, representing 21% of the …

Quick Commerce will rival e-commerce majors Amazon, Flipkart in 2025: Zepto CEO
3 months ago

Quick Commerce will rival e-commerce majors Amazon, Flipkart in 2025: Zepto CEO

Live Mint  

New Delhi, Jan 1 The quick commerce industry will reach a stage in 2025 where it will be comparable to traditional e-commerce giants like Amazon and Flipkart, Zepto co-founder and CEO Aadit Palicha has asserted. In a LinkedIn post on New Year's Eve, he said Zepto last year announced that 2024 will be the year people realise that quick commerce …

A quick-commerce correction on the radar for consumer brands
3 months ago

A quick-commerce correction on the radar for consumer brands

Live Mint  

While direct-to-consumer brands lucked out when quick commerce became a lucrative sales channel in 2024, industry executives say they may reduce their dependence on instant delivery platforms in 2025. India’s D2C brands had a fruitful time in 2024, with the growing popularity of quick commerce and renewed seed funding interest from early-stage venture capital investors. Hindustan Unilever Ltd -backed health …

CCI not to intervene in quick commerce market
3 months, 1 week ago

CCI not to intervene in quick commerce market

Live Mint  

The Competition Commission of India is unlikely to open an investigation of its own accord into allegations of anti-competitive practices by quick commerce companies including Zepto, Instamart and Blinkit, according to two persons privy to the development. Earlier, the All-India Consumer Products Distributors Federation had approached the department for promotion of industry and internal trade raising concerns about quick commerce …

Zepto’s FY24 revenue doubles to ₹4,454 crore in its first year as unicorn
3 months, 2 weeks ago

Zepto’s FY24 revenue doubles to ₹4,454 crore in its first year as unicorn

Live Mint  

Quick grocery delivery startup Zepto saw its operating revenue more than double year-on-year to ₹4,454 crore in the financial year ended March 2024—its first year as a unicorn—highlighting the intensifying competition in the quick commerce space. The Bengaluru-based firm’s loss for the period remained flat at ₹1,248 crore, against ₹ 1,272 crore in the year-ago period, weighed by a nearly …

Amazon joins India's quick commerce race with trials for 15-minute grocery delivery
3 months, 3 weeks ago

Amazon joins India's quick commerce race with trials for 15-minute grocery delivery

The Hindu  

Amazon will begin trials for quick commerce operations in India that would see the U.S. e-commerce giant deliver grocery items in 15 minutes or less, it said on Tuesday. Quick commerce is catching up in India, with companies like Zomato's Blinkit and SoftBank-backed Swiggy's Instamart promising deliveries of goods from groceries to electronics as quickly as 10 minutes, challenging e-commerce …

Myntra enters quick-commerce market with M-Now, to deliver goods in 30 minutes
3 months, 3 weeks ago

Myntra enters quick-commerce market with M-Now, to deliver goods in 30 minutes

Hindustan Times  

Myntra today launched “M-Now,” its quick-commerce offering that promises to deliver apparel and other lifestyle accessories within 30 minutes. Myntra doesn't want to be left behind in the transition, with the country’s largest fashion e-commerce brand saying that its M-Now service will offer customers access to 10,000 styles across fashion, beauty and lifestyle categories from popular brands like Vero Moda, …

Myntra joins the quick commerce race with 30-minute fashion delivery
3 months, 3 weeks ago

Myntra joins the quick commerce race with 30-minute fashion delivery

Live Mint  

New Delhi: As the fast delivery trend reshapes retail, fashion players like Flipkart-backed Myntra are jumping on the quick commerce bandwagon to meet rising consumer expectations. The 30-minute delivery service under M-Now is applicable across 10,000 styles across fashion, beauty, and accessories with the company planning to scale it to over 1 lakh styles in the next three-four months. With …

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
3 months, 4 weeks ago

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price

Live Mint  

Swiggy, the popular food delivery aggregator and a direct competitor to Zomato, saw its shares spike 10 per cent in Tuesday's trade, reaching a fresh high of ₹541.95 per share. It believes the stock is priced at a 35 per cent to 40 per cent discount to Zomato and sees room for this valuation gap to narrow as Swiggy demonstrates …

Catching fast: Quick commerce is here to stay
4 months ago

Catching fast: Quick commerce is here to stay

New Indian Express  

BENGALURU: A few years ago, when the concept of quick commerce, a business model where goods are delivered within 10 minutes to 1 hour, started gaining traction, venture capitalists and even a few start-up founders raised questions on the model and wondered whether it is scalable, and do customers really require 10 minutes delivery. Now, Amazon India mulls foraying into …

'Slow' ain't steady in retail anymore: How kiranas are fast losing out to Q-comm
4 months ago

'Slow' ain't steady in retail anymore: How kiranas are fast losing out to Q-comm

India Today  

Quick commerce platforms, including top players like Blinkit, Zepto and Swiggy Instamart, hold just 1 per cent of the overall $570 billion Indian grocery market, but are posing a significant threat to the traditional kirana retail, which controls over 90 per cent market share, due to their attractive selling proposition of delivering goods within 10-20 minutes. The report ‘State of …

Quick commerce gets popular, users spending more on such platforms: Meta study
4 months ago

Quick commerce gets popular, users spending more on such platforms: Meta study

Live Mint  

New Delhi: Quick commerce has gained in popularity in India, with 91% of online consumers aware of such platforms and more than half having used them recently, according to a report released by Meta. Meta’s India quick commerce study surveyed 2,501 internet users aged 16-64. “As we exit 2024, the two key trends that stand out in the e-commerce space …

Quick-Commerce’s Predatory Pricing Affecting Kirana Stores: CAIT
4 months, 2 weeks ago

Quick-Commerce’s Predatory Pricing Affecting Kirana Stores: CAIT

Deccan Chronicle  

Chennai: The fast-growing quick-commerce players have raised over Rs 54,000 crore as FDI and they are using a major share of the money to offer discounts and predatory pricing, which in turn is affecting the business of Kirana shops, alleges an industry body. This predatory pricing pulls customers away from Kirana shops, crippling their ability to compete,” a white paper …

Quick commerce hottest category: Swiggy co-founder
4 months, 3 weeks ago

Quick commerce hottest category: Swiggy co-founder

New Indian Express  

BENGALURU: Quick commerce is the hottest category with its fast growth, large TAM, as the category can be $30-$50 billion in four years, supported by strong CAGR, said Swiggy co-founder and group CEO Sriharsha Majety. “Consumer preferences, needs and wants, everything is getting developed and emerging as we go into the next phase of quick commerce,” he said. Launched in …

FMCG Firms Embracing Quick Commerce: A Shift in Urban Consumer Preferences
5 months ago

FMCG Firms Embracing Quick Commerce: A Shift in Urban Consumer Preferences

Live Mint  

FMCG firms are embracing quick commerce amid a shift in urban consumer preferences. This has led to increased traction from quick commerce channels, with companies like Adani Wilmar Limited seeing a significant rise in their business on q-commerce platforms. However, traditional stores are also facing a decline as consumers shift their shopping habits towards online platforms. This trend is particularly …

Despair in kiranas as quick commerce roars ahead
7 months ago

Despair in kiranas as quick commerce roars ahead

Live Mint  

“We’re essentially reduced to window shopping or serving our loyal customers," said 45-year-old Vikas Katyal, who runs Katyal General trade store in Delhi's Lajpat Nagar area. On Friday, a national distributors’ association—All India Consumer Products Distributors Federation —wrote to trade and industry minister Piyush Goyal expressing concerns over the popularity of quick commerce. The unchecked expansion of quick commerce platforms …

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live
8 months, 1 week ago

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live

ABP News  

With the rapid increase in internet usage, the Quick Commerce sector has witnessed substantial growth, significantly altering consumer buying behavior. Apps such as Zepto, Swiggy, Instamart, and Blinkit have become integral to this shift, providing swift access to everyday necessities and reshaping how Indians shop. These quick commerce platforms have led to a notable change in purchasing patterns, with consumers …

Quick commerce firms expanding ops beyond groceries, food delivery
10 months, 2 weeks ago

Quick commerce firms expanding ops beyond groceries, food delivery

New Indian Express  

NEW DELHI: The quick commerce segment is heating up as many firms are now entering quick delivery and looking beyond groceries and food delivery. Earlier this month, Swiggy Instamart started delivering movie merchandise, marking a new category in the quick commerce industry. When players such as Zepto and Blinkit pivoted the quick commerce segment, experts questioned the model, safety of …

Impatient Indians are driving quick-commerce
1 year ago

Impatient Indians are driving quick-commerce

Hindustan Times  

Mumbai: If you are living in one of India’s metropolitan cities, it is highly likely that you have been ordering more and more of your daily essentials – from food and groceries to personal care items from, say, a Blinkit, Swiggy Instamart or Zepto, which barely take 10-30 minutes to deliver the goods to your doorstep. Indians are opting for …

Is quick commerce a sustainable business?
2 years, 11 months ago

Is quick commerce a sustainable business?

Live Mint  

BENGALURU : This is absurd! However, one can argue that since quick commerce companies carry a much lower assortment, anywhere between 1,500-2,500 stock keeping units, versus 10 times or more that number for the regular ecommerce companies, their warehouses would be more compact, and could be operated more efficiently. The last mile The last mile delivery cost for quick commerce …

Quick delivery services driving hiring in e-com
3 years, 1 month ago

Quick delivery services driving hiring in e-com

Deccan Chronicle  

Chennai: Quick delivery services are driving jobs in the e-commerce space with the last mile delivery hiring growing by around 70 per cent in the December quarter. "The year seems to be optimistic for last mile delivery services and a healthy kick-start is expected as hiring for the quarter is at 69 per cent, up by 20 per cent from …

Convenience and choice drive the market
9 years, 5 months ago

Convenience and choice drive the market

The Hindu  

Close to 77 per cent of customers browse in stores before making a purchase online and 55 per cent of them conduct online research before making a purchase in-store, Tony Navin, senior vice-president at Snapdeal, tells the writer, pointing to the emerging hybrid retail space in the country. Online commerce is significantly adding efficiency and new growth avenues to the …

India is fastest growing e-commerce market in APAC: Gartner
10 years, 5 months ago

India is fastest growing e-commerce market in APAC: Gartner

India TV News  

New Delhi: India is the fastest growing e-commerce market in the Asia-Pacific region and is expected to touch $6 billion by next year, research firm Gartner said today. However, India is one of the fastest-growing e-commerce markets in Asia/Pacific,” Gartner Research Director Praveen Sengar said in a statement. India represents a $3.5-billion e-commerce market, growing at around 60-70 per cent …

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