Helping banks in the...ย โขย 1y
Their choice of setting up dark stores based on demand and inventory management are the key ingredients to their success. Using technology to forecast demand and maintaining that level of inventory plus also keeping orders within 10 min distance of the dark stores is something which others will also pick up along the way. Other than that, Quick Commerce is just opening multiple online supermarts in various locations like the already ubiquitous supermarkets with an additional cost of tech platform maintenance, delivery partners network and the pressure of quick delivery and discounts. How they will recover these additional costs, through economies of scale but I think that formula hasn't been cracked yet. Till that time they will be burning a lot of cash! Personally I don't use E-commerce. I prefer to use the 10โน discounts to take a walk down to the store, interact with people and get a bit of fresh air, which is much more beneficial that a 10โน save.
Don't Give Up โคดย โขย 8m
Blinkit The company has made several of its employees to sign an addendum to their contracts, extending their notice period from zero to two months. It is pertinent to note that over the last six months, quick commerce players have expanded operat
See MoreBecause every life m...ย โขย 4d
Concept: Start a quick commerce business that doesn't use dark stores. Instead, partner with local retail stores across the city and deliver their products to customers within 10-15 minutes. Key Benefits: No need for warehouse or inventory invest
See MoreFounder at Stockwareย โขย 8m
Reliance Retail is re-entering quick commerce, backing Dunzo and Grab through JioMart. With Flipkart and Amazon also eyeing this space, competition in India's instant delivery market is intensifying. Success in quick commerce isn't just about speed
See MoreWe are just humanย โขย 9m
Weโve created a hyper-quick commerce solution: groceries delivered in 10 minutes via dark stores, fashion and electronics from local D2C stores with delivery by Repido and other partners within 60 minutes, and food delivered in 35 minutesfrom our clo
See MoreHey I am on Medialย โขย 6m
Quick Commerce: Investment Highlights โข Swiggy is planning to invest โน1,600 crores in its subsidiary Scootsy. This funding helps Scootsy enhance operational capabilities and expand dark stores. โข Similarly, Zomato plans to raise $1 billion through
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Set2Scoreย โขย 10m
๐๐ฎ๐ฟ๐ธ ๐๐๐ผ๐ฟ๐ฒ๐ ๐๏ธ Dark stores are a type of retail distribution center or warehouse that primarily cater to online shopping, particularly for groceries and other fast-moving consumer goods (FMCG). They are called "dark" because they are not
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