Amazon-backed More Retail plans expansion of supermarkets in India
In 2019—Samara Capital along with Amazon.com Inc., agreed to buy Aditya Birla group’s food and grocery retail chain. The acquisition...
Quick commerce
Quick Commerce captures nearly half of Kirana sales; market to hit $40 billion by 2030
As consumer preferences shift towards the convenience of last-minute grocery deliveries, quick commerce companies are outpacing traditional retailers, with 46%...
‘Swiggy quick-commerce may beat food delivery business’
MUMBAI: Quick commerce has the potential to become bigger than the food delivery business because of the larger market opportunity...
FMCG firms should look within for falling performance
Traditionally, stocks of Fast Moving Consumer Goods (FMCG) companies have been viewed as the ultimate defensive bets in India whenever...
Zepto to appoint managed office operator for Bengaluru HQ
Quick-commerce platform Zepto is planning to appoint a managed office operator for its new head office in Bengaluru, said three...
CCI weighs probe against quick commerce firms after complaints by traders’ body
The Competition Commission of India (CCI) is considering if there are grounds to open an investigation into the grievances expressed...
Mint Primer: Why are e-tailers on notice for legal metrology?
Many quick- and e-commerce firms have reportedly received notices from the Central Consumer Protection Authority (CCPA) for allegedly violating mandatory...
Zomato readies war chest, to raise 8,500 crore via QIP
MUMBAI: Amid its rival Swiggy's upcoming $1.2 billion IPO, which could potentially go up to about $1.4 billion, Zomato is...
More brands hop on 10-min delivery ride
MUMBAI: 10-minute shopping is the new consumer favourite. As more people take to rapid deliveries and the idea becomes mainstream,...
Quickie commerce: Sex toys ride the impulse wave
In a country where, in 2024, even sanitary pads are hidden in an envelope at the point of a sale...
