In The Tough Sector Of Quick Commerce, Glovo Might Have Found The Winning Formula
By diversifying into various categories beyond grocery retail and providing diverse services to retailers, quick commerce app Glovo might have a chance at prosperity.
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By diversifying into various categories beyond grocery retail and providing diverse services to retailers, quick commerce app Glovo might have a chance at prosperity.
The CEO of Swiggy’s core business said that while the company remains excited about quick-commerce, there is consolidation underway and there are only three to four significant players in the sector
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Dunzo has over 1,000 employees in total and the latest decision to defer salaries will impact about 500 of them. The move also indicates that there could be more layoffs in the pipeline.
Several moves, such as penetrating deeper into Tier 2 cities and beyond, first-mover advantage, and a more pan-India focus, have worked in favour of Zomato. When the pandemic brought to a standstill, Swiggy was hurt more than Zomato