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Competition heats up in quick commerce as Amazon takes on Zepto, Blinkit with 10-min dash - The Economic Times
Economic Times
·
21d ago
Medial
Amazon has launched a 10-minute delivery service, Amazon Now, in Delhi, expanding the rapid delivery trend in India. Originally introduced in Bengaluru, this service competes with platforms like Blinkit, Zepto, and Swiggy Instamart. It offers free delivery on orders with minimum spends for Prime and non-Prime members. The quick commerce sector is growing rapidly in India, driven by smartphone usage, low data costs, and a young demographic, despite facing regulatory challenges.
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Amazon joins quick commerce race, to focus on beauty and home next
Economic Times
·
5m 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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Race to deliver fast intensifies: quick commerce firms burning Rs 1,500 crore a month
Economic Times
·
5m ago
Medial
Indian quick commerce firms are burning Rs 1,300-1,500 crore monthly, driven by aggressive competition. Major players like Zomato's Blinkit, Zepto, and Swiggy Instamart have raised substantial funds amid escalating expenses. This intense rivalry affects stock performance, with Zomato and Swiggy experiencing significant market value declines. Companies like Zepto aim to reduce cash burn ahead of planned IPOs. Increased investor scrutiny and growing competition from platforms like Amazon and Flipkart impact the sector's profitability outlook.
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'Flipkart Minutes' to enter q-commerce market in July, rivalling Blinkit: Report
Livemint
·
1y ago
Medial
E-commerce giant Flipkart is set to launch its quick commerce initiative, 'Flipkart Minutes,' in July. The company aims to achieve 15-minute delivery times for electronics, groceries, and essential items. This marks Flipkart's third attempt in the quick commerce market, following previous unsuccessful ventures. The move is seen as a strategic effort to take advantage of Flipkart's established supply chain network. Despite not officially confirmed, the buzz around Flipkart Minutes indicates a renewed commitment to quick commerce. The competition in the sector is dominated by players like Blinkit, Zepto, and Swiggy's Instamart.
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India's quick-commerce sector may struggle to maintain current growth, Blume Venture's report says
Economic Times
·
5m ago
Medial
India's quick-commerce sector, which rapidly grew to a $7.1 billion market by 2025 from $300 million in 2022, may face growth challenges outside major cities amid intensifying competition from large e-commerce players like Flipkart and Amazon, according to Blume Ventures. While quick-commerce firms like Blinkit, Zepto, and Swiggy Instamart saw significant order value increases, they might soon encounter slowing user growth and regulatory scrutiny that could impact their profitability and influence the local grocery ecosystem.
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Blinkit expands to Jammu. Here's where it will deliver
YourStory
·
7m ago
Medial
Blinkit, a quick commerce platform, has launched operations in Jammu, with three stores now serving areas like Trikuta Nagar and Roop Nagar. Founder and CEO Albinder Dhinsa expressed enthusiasm about bringing quick delivery to these regions. This expansion comes amid growing competition among quick commerce players including Zepto and Swiggy Instamart. Blinkit recently appointed Vipin Kapooria as CFO to bolster financial operations. India's quick commerce market is valued at $3.34 billion, with substantial growth potential.
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Dark store count may touch 5,500 by FY26 as competition heats up in quick commerce: HSBC report
Economic Times
·
6m ago
Medial
The quick commerce sector is rapidly expanding, with the number of dark stores in India projected to reach 5,000 to 5,500 by FY26, per an HSBC report. Companies like Blinkit, Swiggy, and Zepto are aggressively expanding their dark store networks, aiming for efficiency and profitability. Blinkit exceeded its target with 1,007 stores by December 31, while Swiggy and Zepto plan to expand significantly. The focus will soon shift to optimizing operations and profitability.
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Quick Commerce will rival ecommerce majors Amazon, Flipkart in 2025: Zepto CEO
Economic Times
·
7m ago
Medial
Zepto CEO Aadit Palicha predicts that by 2025, quick commerce will rival traditional ecommerce giants like Amazon and Flipkart in scale. Highlighting Zepto's remarkable growth, he emphasizes that success depends on "exceptional execution." Quick commerce fundamentals will drastically evolve, enhancing customer value and unit economics. Zepto's 2024 revenue surged 120% to Rs 4,454 crore. During New Year's, Zepto and Blinkit reported record sales, with Blinkit CEO noting peak orders and celebrating customer participation in the 12 grapes tradition.
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Swiggy steps up quick commerce investment to Rs 1,179 crore, eyes 741 dark stores
Economic Times
·
9m ago
Medial
Swiggy is investing Rs 1,179 crore in its quick-commerce business, Swiggy Instamart, to expand its dark store network. The company plans to open more dark stores in cities where it already operates, as well as expand into new cities in the future. This investment comes as competition in the quick commerce sector increases, with rivals like Zomato-owned Blinkit and Zepto raising capital for growth. The quick commerce market in India is expected to reach $22 billion in gross merchandise value by 2027. Swiggy Instamart, Blinkit, and Zepto currently dominate the market with over 85% market share.
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Blinkit launches Sellers Hub for brands
YourStory
·
9m ago
Medial
Quick commerce platform Blinkit has launched Blinkit Sellers Hub, a platform that allows brands to sell their products directly on Blinkit without intermediaries. The move puts Blinkit in competition with established ecommerce platforms like Amazon and Flipkart. Blinkit's parent company, Zomato, has also recently increased the platform fee on its food delivery platform, signaling its focus on quick commerce growth. During the reporting quarter, Zomato's quick commerce arm doubled in size and added more dark stores and warehouses to support its expansion plans.
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Flipkart to launch quick commerce service in few months
Thehindubusinessline
·
1y ago
Medial
Flipkart, owned by Walmart, is planning to launch its own quick-commerce service in select locations starting in May. With competition from Zomato's Blinkit, Swiggy's Instamart, and Zepto, Flipkart aims to deliver a wide range of products to customers with speed. The quick-commerce market is estimated to be worth $45 billion, with a projected GMV of $6.2 billion by 2025. According to a recent report, Blinkit holds the largest market share at nearly 40%, followed by Instamart at 37-39% and Zepto at around 20%.
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