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With mounting pressure to turn profitable, the quick commerce sector could expand into other categories in the future, such as pharma, cosmetics and electronics. But along with the innovation spree, the companies must also deal with worker discontent
The board of online food delivery firm Zomato has approved the purchase of quick commerce company Blinkit, which was earlier known as Grofers. This deal has been done for Rs 4,447.48 crore.
Investors are betting on rapid delivery taking hold in Southeast Asia despite Grab's struggles since going public.
Residents across the UAE also tend to order more from groceries and convenience stores during the month, experts say