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News on Medial
Flipkart starts same day delivery to compete with Amazon
Inc42
·
1y ago
Medial
Flipkart has launched same-day delivery services for various products across 20 cities, joining Amazon in offering this service in India. Customers can receive their orders before midnight if they place the order by 1 PM. Flipkart has invested in fulfillment centers and technology capabilities to ensure efficient delivery. The company plans to expand the service to more cities and categories in the coming months. Flipkart recently introduced its Unified Payments Interface (UPI) offering and is reportedly planning to cut around 1,000 jobs as part of its annual performance reviews.
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Amid Quick Commerce Rush, Amazon India To Double Down On Same-Day Deliveries
Inc42
·
1y ago
Medial
Amazon India's Prime membership plan now includes same-day delivery on a million products. Around half of all orders made through Prime are being delivered on the same day or the next day across all pin codes. Amazon is aiming to further enhance its one-day delivery service.
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Nykaa Pilots 10-Minute Deliveries In Mumbai
Inc42
·
10m ago
Medial
- Nykaa launches 10-minute delivery pilot in parts of Mumbai, covering 5% of its SKU base. - The company aims to accelerate next-day and same-day deliveries to meet the demand for quick commerce-like models. - Other quick commerce platforms like Blinkit, Zepto, Swiggy Instamart, BigBasket, and Flipkart Minutes also focus on beauty and personal care products during the festive season. - The 10-minute delivery pilot by Nykaa is part of their efforts to provide faster delivery options to customers. - This move allows Nykaa to compete with other quick commerce platforms in the beauty and personal care segment.
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Amazon boosts investment in speed for faster deliveries across multiple products
Livemint
·
10m ago
Medial
Amazon India is investing in improving delivery speed to meet the shift in consumer preferences for faster delivery. The company aims to offer same-day and sub same-day deliveries, with products being delivered within 4-6 hours of purchase. This investment in speed is being driven by the demand for quicker delivery times, as consumers increasingly want their purchases to be delivered within hours instead of days. Amazon India is expanding its sub same-day delivery feature in metro cities, with hundreds of thousands of products available for quick delivery. The company is also planning to offer quick commerce deliveries in response to the growing demand for faster delivery options. Amazon India recently opened three new fulfillment centers in Delhi-NCR, Guwahati, and Patna to enhance delivery speeds during the upcoming festive season. The company expects to break last year's record for its annual festive season sale, the Amazon Great Indian Festival.
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Amazon pilots quick commerce service in select pincodes of Bengaluru
YourStory
·
5m ago
Medial
Amazon has launched pilots for Amazon Now in Bengaluru to compete in the quick commerce sector. Offering a 10-minute delivery promise, this service marks Amazon's entry into quick commerce. The move follows the success of platforms meeting urban consumers' demand for rapid delivery, expanding beyond Amazon Fresh's two-hour delivery. This initiative positions Amazon alongside competitors like Flipkart and Tata Digital in the burgeoning quick commerce market, emphasizing faster delivery of daily essentials.
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Flipkart Singapore parent infuses Rs 1,421 crore in marketplace arm
Economic Times
·
1y ago
Medial
Walmart-owned Flipkart has infused Rs 1,421 crore (around $170 million) in its Indian marketplace entity, Flipkart Internet, through its Singapore holding company. This is not new funding but an internal cash transfer. It is the second major fund infusion received by Flipkart Internet from its Singapore-based entities this year. The latest funding takes the total infusion in the marketplace entity to $281 million. Flipkart aims to launch its quick-commerce service and has been working on faster deliveries, including same-day delivery in several cities. Meanwhile, Amazon India has also received funds exceeding Rs 1,000 crore from its US parent company.
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On an expansion spree: Flipkart Minutes is now live in Thane
YourStory
·
8m ago
Medial
Flipkart has expanded its quick commerce service, Flipkart Minutes, to parts of Thane, Maharashtra. This service is now available in various areas in Thane, as well as in Bengaluru, Gurugram, and parts of Mumbai. Flipkart Minutes is a fast delivery service that aims to compete with other players in the market, such as Zepto and Swiggy Instamart. This expansion comes shortly after Amazon announced its plans to pilot a similar service, 'Project Tez', for quick delivery of everyday essentials. Other ecommerce marketplaces like Myntra and Nykaa have also ventured into the quick commerce space.
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Flipkart rebrands Grocery as ‘Kilos,’ claims to offer wholesale prices for everyday essentials
YourStory
·
6m ago
Medial
Flipkart has rebranded its grocery service from 'Grocery' to 'Kilos,' focusing on offering essentials at wholesale prices. Unlike the quick delivery service Minutes, Kilos shows longer delivery times similar to Amazon Fresh. Promoted through the BIG Bachat Day Sale, it aims to encourage grocery stocking with discounts. The update follows the integration of ex-Dunzo CEO Kabeer Biswas, working on expanding Flipkart Minutes, including a quick medicine delivery initiative in major cities.
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Flipkart looks to upstage Amazon Prime again: Will its revamped VIP programme be the charm?
Inc42
·
1y ago
Medial
Flipkart, the Walmart-owned ecommerce giant, has recently launched its annual membership program called Flipkart VIP, aiming to compete with Amazon Prime. This is not the first attempt by Flipkart to challenge Amazon's dominance in the loyalty program space, but previous efforts like Flipkart First and Flipkart Plus did not gain much traction. Flipkart VIP offers benefits like priority customer support, fast and free delivery, early access to deals, and discounts. However, compared to Amazon Prime, it still lacks the extensive ecosystem and unique services provided by Prime. Despite the low-key launch, Flipkart aims to attract customers from Tier I and II cities, which account for a significant portion of its user base.
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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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Amazon India claims 26% annual increase in same- or next-day delivery for paid members
Economic Times
·
5m ago
Medial
Amazon India reported a 26% increase in same-day or next-day deliveries for Prime members in 2024. The number of PIN codes serviced under these delivery options rose by over 11%. In 2024, Prime members benefited from the firm's fastest delivery speeds, receiving more than 41 crore items on the same or next day. Additionally, nearly 20 crore units of everyday essentials saw a 23% year-over-year increase in quick deliveries.
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