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Mahendra Lochhab

Content creatorย โ€ขย 11m

Why is Reliance entering quick commerce? (A thread ๐Ÿงต) Big brands are chasing 10-minute deliveries. Now Reliance has jumped into the race too. Cc: Marketing Mind Reliance Retail's Quick Commerce Growth Reliance Retail saw a 2.4x rise in orders for its quick commerce and local delivery services during the March quarter. The company is expanding its operations and plans to set up dark stores to cover even more areas. Does Reliance already have the network? RR covers over 4,000 pin codes across the country with its hyper-local delivery service. JioMart app offers three services: 30minute quick delivery, scheduled delivery, and a subscription service for regular delivery of everyday items. Why is the quick commerce market so hot? India's quick commerce market was valued at approximately $3.34 billion in 2024 and is projected to reach $5 billion in 2025, reflecting a significant annual growth rate. Reliance doesn't want to miss out on this booming space.

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The Indian quick commerce industry is experiencing rapid growth, projected to reach USD 9.95 billion by 2029 from a 2024 value of USD 3.34 billion.

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