Page 21 - Quick Commerce News Today

How are FMCG companies finding equilibrium at a time when distribution models are becoming more complex and dynamic? We ask some leading FMCG players.

The pizza chain is also trying to cut delivery timelines by a third to 20 minutes and has seen customer satisfaction rise by 500-1,000 basis points on such deliveries 

Baron Capital holds about 0.7 percent stake in Swiggy and its fair value estimate implies a $7.3 billion valuation for the foodtech unicorn.

Government-backed network enabler ONDC says it has witnessed a steady growth in order volume and merchants in the past year. Intercity logistics have also picked up pace in the fashion, beauty and electronics segments.

'We are experiencing higher demand than supply at the current moment and some customers will see higher than expected times for the next few days,' says a Blinkit spokesperson

New users are unlikely to remain on the platforms as consumers tend to shift back to their go-to app whenever things get back to normal, said some executives, unless Blinkit fails to resolve the issue this week

Several delivery workers went on a strike last week after the Zomato-owned company brought down their fees paid to the riders to Rs 14 from Rs 50 earlier. This caused chaos in the areas around Delhi-NCR

Since this store is being shuttered permanently, we are disabling all of your IDs. For any issue, you can raise a ticket on support, Blinkit tells some protesting delivery workers

Zomato's grocery delivery arm is facing a blow from its delivery partners in Delhi-NCR as they demand Blinkit reinstate commissions.

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.