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Amazon advances quick commerce delivery code-named Tez
Economic Times
·
9m ago
Medial
Amazon India is planning to launch its quick commerce delivery service, known as Tez, by late December or early next year. The move comes as Amazon aims to enter the booming sector that has generated sales of around $5.5-6 billion this month. Initially, Amazon had planned to launch the service in Q1 2025, but it now wants to expedite the process. Tez will be Amazon's first foray into the quick commerce business globally. The company is expected to start with groceries and daily essentials. Competitors such as Flipkart and Tata-owned BigBasket have already launched their own quick commerce services.
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Amazon tests quick commerce Tez with staff, Flipkart doubles down with Minutes
Economic Times
·
7m ago
Medial
Amazon is testing its quick commerce service, Tez, with employees in Bengaluru, preparing to onboard dark stores. Meanwhile, Flipkart is aggressively expanding its quick commerce offering, Minutes, targeting around 150 dark stores, and including high-value items and medicine delivery. The quick commerce market, valued at $45 billion, is expected to grow to $77 billion by 2025. New entrants like Amazon and Flipkart are challenging established players, focusing on profitability and market disruption.
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Amazon To Launch Its Quick Commerce Biz 'Tez' This Month
OutlookIndia
·
7m ago
Medial
Amazon is set to launch its quick commerce segment, called 'Tez', this month in India. According to Samir Kumar, Amazon India's country manager, the company is focused on delivering within 15 minutes, aiming to tap into the fast-growing quick commerce market. Kumar also mentioned that one in five items shipped from Amazon is a grocery item, and the company plans to ensure the safety of customers and delivery associates in its quick commerce operations. Amazon's entry comes amidst rising competition in the quick commerce space from players like Reliance Retail and Flipkart.
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Tata Digital rolls out quick commerce offering Neu Flash
YourStory
·
9m ago
Medial
Tata Digital has launched quick commerce services through its app Neu Flash, offering various product categories including groceries, apparel, electronics, beauty, and personal care. The service is powered by the hyperlocal operations of BigBasket, which is also owned by Tata. This move follows Myntra's introduction of its quick delivery initiative called M-Now, which focuses on delivering products within 30 minutes to 2 hours. Amazon India is also reportedly planning to launch its own quick commerce arm called Tez. Quick commerce platforms are gaining popularity as consumers seek faster delivery for a wider range of products.
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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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Amazon pilots quick commerce service in select pincodes of Bengaluru
YourStory
·
6m 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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Amazon Brings Lightning-Fast 10-Minute Delivery to Select Delhi Areas
StartupTalky
·
1m ago
Medial
Amazon has launched its rapid 10-minute delivery service, Amazon Now, in select parts of Delhi following a successful test in Bengaluru. This expansion highlights Amazon's commitment to India's burgeoning quick-commerce market, already dominated by competitors like Zepto and Blinkit. Targeting consumer demands for fast delivery, Amazon Now offers essential daily items with quality and safety assurances. The quick-commerce sector in India is projected to grow significantly, driven by changing consumer preferences and hyperlocal infrastructure development.
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Amazon joins quick commerce race, to focus on beauty and home next
Economic Times
·
6m ago
Medial
Amazon has launched its quick delivery service, Amazon Now, in select Bengaluru areas, expanding beyond an initial employee-only pilot. The initiative focuses on quick delivery of items, primarily grocery and daily essentials, with plans to add beauty, home, and kitchen categories. This entry into the quick commerce sector is part of a strategy amid growing competition. Amazon's service is set against rivals like Flipkart, Swiggy Instamart, Blinkit, and Zepto, amid a projected market growth.
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Amazon in deal talks with Swiggy for quick commerce business Instamart: sources
Economic Times
·
1y ago
Medial
Amazon India has reportedly shown interest in a potential deal with food delivery platform Swiggy's quick commerce business, Instamart. The move comes as Swiggy prepares for its upcoming IPO, while Amazon aims to expand its quick delivery services. However, the discussions are still in the early stages and face various obstacles due to the complex structure of the deal. It remains uncertain whether the discussions will ultimately lead to a transaction.
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ETtech Exclusive | Amazon set to roll out its quick commerce service next year: sources
Economic Times
·
12m ago
Medial
Amazon is reportedly planning to launch its quick commerce service in India in the first quarter of next year. The e-commerce giant has assigned a senior executive to develop the quick commerce strategy, recognizing the importance of this growing segment. Talks are also said to be ongoing for Amazon's potential stake acquisition in food delivery company Swiggy. The company aims to offer 20-30 minute deliveries, catching up with rivals who have already entered the quick commerce market. Estimates suggest India's quick commerce market could be worth $6 billion by 2025.
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Salaries for quick commerce delivery execs higher than food delivery: report
Economic Times
·
9m ago
Medial
A new report has found that delivery executives in the quick commerce sector earn higher incomes compared to those in food delivery. The report reveals that quick commerce delivery partners earn a net income of Rs 21,402, while their food delivery counterparts earn Rs 18,595. Quick commerce delivery partners also complete 29.7% more orders per month compared to food delivery. The report suggests that the lower last mile costs and shorter delivery distances in quick commerce contribute to its higher income potential. The quick commerce market in India is projected to be worth $42-55 billion by 2030.
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