Page 23 - Quick Commerce News Today

High levels of stress, excessive algorithmic control or unpredictable working hours are just some of the costs of the hyper-competitive working environment of these fast home-delivery models, a new report highlights.

KR Choksey recommended accumulate rating on Nestle India with a target price of Rs 21,805 in its research report dated March 29, 2023.

Baedal Minjok (Baemin), Koreas largest food delivery platform operated by Woowa Brothers, is seeking to become a general e-commerce platform so as to overcome its stagnating online food delivery business, according to company officials Wednesday.

Analysts at IIFL Securities have initiated coverage on Zomato recently. Zomato is India’s largest Food Tech Company, with market leadership in Delivery and Restaurant Classifieds.

The Board of Directors of Nestlé India today approved the results for the fourth quarter and full year 2022.

Instant delivery platforms are a hit with consumers. But profitability remains a distant dream.A significant shift in consumer habits in Indian urban households is underway. People, young and old, are embracing 10-30 minute grocery deliveries, also called quick commerce.

From rising sectors to more layoffs and cutbacks -- here our predictions for Indian startups and the tech industry in 2023. 

Quick Commerce (Q-Commerce) Market is Set to Fly High in Years to Come

Indian shoppers are now buying across platforms, forcing companies to adapt their strategies suitably

In early 2022, many q-comm startups reduced their offerings, as some of them were unable to stick to the 15-min delivery time.