Page 20 - Quick Commerce News Today

Swiggy's losses: Swiggy's core restaurant food delivery business, Prosus said, recorded GMV growth of 26 per cent, while Instamart -- its quick commerce vertical - grew its GMV by 459 per cent

Modern retail, comprising malls and supermarkets, may more than double to $230 billion by 2030, while online retail grows 2.5 times to reach $325 billion

In this episode of Brave Commerce, Chris Rogers, chief business officer of Instacart, joins hosts Rachel Tipogaph and Sarah Hoffstetter to talk about how…

Tanveer Khan, AGM, brand and marketing, Dunzo, says a hybrid model is the only sustainable way forward.

Bafna, who will join Zepto next month, led cryptocurrency firm CoinSwitch as CFO for 11 months. Prior to that, he was the CFO at Sequoia-backed Zilingo and Flipkart-owned Myntra.

Quick commerce firm Zepto recently onboarded ex-Zilingo and Myntra executive Ramesh Bafna as the CFO. It is aiming for a public listing in the next 2-3 years.

Quick commerce leads to increased penetration of household goods

With the expansion of quick-commerce services, the delivery jobs are back in demand in India and there was a 68 per cent rise in job seeker interest for delivery executive positions from April 2021 to April 2023, a report showed on Wednesday. �� Quick-Commerce Expansion Boosts Gig Jobs in India, Delivery Job Demands Rise 68% in Last Two Years.

Instacafe, Swiggy’s latest pilot, will offer pre-cooked snacks in certain pockets of Bengaluru and Hyderabad, much like Zepto Cafe does in Mumbai.

Amazon Fresh competes with Swiggy Instamart, BigBasket, Blinkit, and Zepto in the grocery and utilities segment in India.