Zepto improves quick-commerce market share; Instamart loses ground: HSBC report
The Economic Times | Retail News
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11h ago
A report from HSBC Global Research said Zepto market share rose from 15% in March 2022 to 28% in January 2024. During this time, Instamart's share fell from 52% in March 2022 to 32% in January 2024 ..read more
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Can India's quick commerce revolution be a catalyst for job creation?
The Economic Times | Retail News
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11h ago
Q-commerce in India, led by major players like BlinkIt, Swiggy Instamart, and Zepto, is reshaping the retail landscape. The sector's rapid expansion offers significant job opportunities, especially in logistics, warehousing, and technology-driven roles, promising continued growth ..read more
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Blinkit to deliver Lenskart products in 10 minutes
The Economic Times | Retail News
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6d ago
“Blinkit customers can now get Lenskart.com products in 10 minutes. Starting with delivering sunglasses and their Hustlr range (Computer Glasses). Curious to see how Hustlr evolves as a brand over time,” the post read ..read more
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Flipkart opens third grocery fulfilment center in Karnataka
The Economic Times | Retail News
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6d ago
Spread across an area of over 60,000 square feet, the new centre is equipped with a daily dispatch capacity of over 9,000 units per day. With the new unit, Flipkart aims to cater to the rising demand for online groceries across Ballari, Davanagere, Dharwad, Shivamogga, and South and North Goa ..read more
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Tata Neu goes live on ONDC F&B in Delhi-NCR, Bengaluru
The Economic Times | Retail News
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6d ago
Tata Neu, the superapp of Tata Group, also plans to reach more cities in May, sources told ET. ONDC already features two Tata enterprises on the seller side: StarQuick grocery app, and online grocer BigBasket ..read more
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Amazon sees opportunity to lower costs in fulfillment network, CEO says
The Economic Times | Retail News
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6d ago
Over the past few months, the company has laid off hundreds of staff in divisions including Amazon Web Services, Prime Video service, healthcare business and Alexa voice assistant unit, extending its massive job cuts over the past two years into 2024 ..read more
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E-commerce leads in influencer marketing with 27% spend followed by FMCG: Report
The Economic Times | Retail News
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6d ago
India's creator economy is thriving, with 2.5-3.5 million creators predominantly engaging on platforms such as Instagram and YouTube. Notably, between 110-170K creators on YouTube are actively monetizing their content, solidifying its position as the leading platform for creator monetization in India ..read more
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Non-grocery items deliver bright growth to dark stores
The Economic Times | Retail News
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6d ago
Quick-commerce platforms like Zepto, Swiggy Instamart and Blinkit are seeing rapid growth in the sale of non-grocery items as they continue to diversify their offerings and enter ecommerce turf ..read more
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Amazon ties up with local shops for community new year items
The Economic Times | Retail News
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1w ago
Shops selling home furnishing, kitchen apparels, personal care, computers and peripherals have also joined Amazon for this occasion. The local partner shops of the e-commerce company are located in Kolkata, Howrah, Durgapur, Nadia, Hooghly and Kharagpur. And the orders will be delivered, said Abhishek Jain, head of local shops at Amazon India ..read more
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Flipkart Internet gets Rs 1,421 crore infusion from Singapore holding company
The Economic Times | Retail News
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1w ago
The new funding comes as the Bengaluru-based etailer presses ahead with plans to launch its quick-commerce service ..read more
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