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The department of consumer affairs recently sought data from online grocers and quick commerce companies to understand their business models.
Piyush Goyal Ecommerce Executives: The department of consumer affairs recently sought data from online grocers and quick commerce companies to understand their business models.
From around March this year, Dunzo has received a legal notice from at least seven entities which include Google India, Nilenso, Clover Ventures, Facebook, Cupshup, Koo and Glance. In all, these total to about Rs 11.4 crore, nearly double of Rs 5-6 crore that was estimated earlier.
Quick Commerce: With such a high percentage of shopping online, there is even more pressure to make the experiences good. In fact, 72% consumers, highest globally, said they will not shop with retailers, brands or marketplaces which do not match up to their expectations, according to Wunderman Thompson.
It was a task-running service that initially operated on WhatsApp, and found quick loyalists in Bengaluru nine years ago. Now employees are telling the management, ‘give us one reason why we should work here?’ It’s a story of flawed cash management, valuation and transparency issues, and more.