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Distributors’ Body Flags Use Of Private Vehicles By Ecommerce, Quick Commerce Players
Inc42
·
10m ago
Medial
- AICPDF requests an inquiry into the use of private vehicles for commercial deliveries by companies - The Federation expresses concern over safety issues related to the use of private vehicles for commercial purposes - A complaint has been lodged with the road transport ministry by AICPDF - AICPDF has also written to the health ministry regarding the use of private vehicles by companies for commercial deliveries - The Federation previously approached the Ministry of Commerce and Industry for an investigation into the rapid expansion of quick commerce
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Trouble For Quick Commerce Players? DPIIT Refers AICPDF Complaint To CCI
Inc42
·
10m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has referred a complaint filed by the All India Consumer Products Distributors Federation (AICPDF) against quick commerce players to the Competition Commission of India. The complaint seeks an investigation into the business practices of quick commerce players. The DPIIT has forwarded the complaint to the antitrust regulator for further action.
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DPIIT refers complaint against quick commerce players to Competition Commission
YourStory
·
10m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has referred a complaint lodged by the All India Consumer Products Distributors Federation (AICPDF) against quick commerce players to the Competition Commission of India (CCI). The complaint alleges anti-competitive practices and seeks an investigation into the activities of these players. The AICPDF is concerned that quick commerce platforms are creating an unfair playing field and impacting the traditional retail sector. The CCI is already examining alleged anti-competitive practices by e-commerce companies. The quick commerce market in India is currently valued at approximately $5 billion.
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Will Quick Commerce Eat Amazon, Flipkart’s Festive Season Lunch?
Inc42
·
10m ago
Medial
- Quick commerce platforms are gaining a significant share in online grocery sales, expected to reach 51% outside the festive season. - Quick commerce platforms are challenging local kirana shops rather than traditional ecommerce marketplaces. - Ecommerce giants like Flipkart and Amazon dominate mobile phone sales and quick commerce platforms have limited impact in this category. - Customers prefer the credit features, returns, and exchanges offered by ecommerce marketplaces during the festive season. - Quick commerce platforms have limited inventory risks in the fashion category, with vertical marketplaces holding the key share. - Quick commerce platforms are rapidly adopting skin care and beauty products, which may impact niche players like Nykaa and Purplle. - The emergence of quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart has disrupted traditional ecommerce giants in the market.
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Ecommerce in competition with quick commerce
Economic Times
·
8m ago
Medial
The ecommerce sector in India is becoming more competitive as companies aim to offer same-day or two-four hour delivery services. This trend is being driven by the rise of "quick commerce" players. Major players like Flipkart, Nykaa, Myntra, and FirstCry are already offering same-day deliveries in metros and tier-1 cities. Myntra is piloting M-Now, a quick delivery service that promises delivery within 30 minutes to two hours in select Bengaluru pin codes. Other ecommerce platforms are also looking to offer faster deliveries, driven by increasing consumer demand.
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Trade bodies decry ‘unregulated’ and ‘unethical’ practices of ecommerce and quick commerce companies
Economic Times
·
3m ago
Medial
Industry bodies, including CAIT, AIMRA, and ORA, have raised concerns over the unregulated practices of ecommerce and quick commerce companies in India, highlighting issues like predatory pricing and deep discounting. These activities allegedly violate FDI regulations and focus on boosting valuations rather than genuine business development. The conclave called for stricter implementation of FDI and ecommerce policies, a ban on inventory-driven operations, and the formation of an independent body to oversee digital commerce.
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Retail Group Seeks Probe Into Quick Commerce Players’ Alleged Pricing Tactics
Inc42
·
9m ago
Medial
India's largest group of retail distributors has requested the antitrust authority to investigate quick commerce firms for engaging in predatory pricing. The letter has urged the Competition Commission of India to protect traditional distributors and small retailers from the deep discounts and selling below cost strategies employed by quick commerce firms. Over the past few months, these firms have expanded their operations and product offerings to meet the increasing consumer demand.
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Third-party firms look to sort out logistics of quick commerce race
Economic Times
·
1y ago
Medial
Third-party logistics firms like Delhivery and Xpressbees are venturing into the quick-commerce sector to meet the growing demand from platforms like Swiggy Instamart and others. Delhivery is managing larger warehouses for Swiggy Instamart, while Xpressbees is in talks to enter the segment. These logistics players aim to provide infrastructure and expertise to quick-commerce platforms as they expand their offerings. The move allows them to tap into the sizable quick-commerce market and support platforms in managing warehouses and ensuring compliance with processes. Large ecommerce players like Amazon and Flipkart are also exploring entry into the quick delivery segment.
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Swiggy takes Instamart to 42 cities ahead of festive season
Economic Times
·
11m ago
Medial
Swiggy's quick commerce business, Instamart, has expanded to 42 cities from 27 in order to meet the increased demand during the festive season. The platform has launched operations in 10 new cities and plans to expand further, particularly in tier 2 and 3 markets. Instamart aims to enhance its offerings by partnering with local brands and vendors. Competitors such as Blinkit and Zepto are also expanding their operations in the quick commerce space. Larger ecommerce players like Flipkart and Amazon are entering the market with their own quick commerce services.
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'Online platforms changing buying pattern among urban consumers'
Economic Times
·
8m ago
Medial
Consumers in metro cities are increasingly shifting from top-up purchases to stock-up purchases on online platforms, according to Kanaka Bhagwat, head of ecommerce at NielsenIQ. Quick commerce and ecommerce sales have grown at a rate of 30% quarter-on-quarter over the past five quarters, driven by convenience and assortment. Ready-to-eat foods, salty snacks, refined edible oils, biscuits, and packaged atta have seen significant growth on quick-commerce channels. FMCG companies like Nestle, ITC, Hindustan Unilever, Dabur, and Emami have reported double-digit growth on quick-commerce platforms. In metro markets, quick-commerce and ecommerce contributed 85% to incremental sales in Q3 2024, signaling the growing dominance of ecommerce.
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Exclusive | Quick commerce eating into kiranas, not ecommerce: Delhivery CEO Sahil Barua
Economic Times
·
1y ago
Medial
Delhivery CEO Sahil Barua believes that quick deliveries in 10-15 minutes may not be sustainable for categories other than groceries and fast-moving consumer goods. Barua predicts that the cost of quick deliveries will eventually increase, leading to longer delivery timelines. Delhivery is focusing on launching a network of shared dark stores for brands and ecommerce players to deliver in 2-4 hours, but will steer clear of instant deliveries. Barua also discusses Delhivery's revenue growth, growth outlook, the impact of quick commerce on ecommerce, and plans for the future.
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