Back
Mahendra Lochhab
Content creatorย โขย 2m
Why is Reliance entering quick commerce? (A thread ๐งต) 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.
Replies (1)
More like this
Recommendations from Medial
Krrish Gupta
Always aiming for su...ย โขย 9m
Most of the quick commerce companies are losing money in the last mile delivery, as per you what's the best way to reduce last mile delivery cost and be profitable, if the last mile delivery is the highest expense, which is paid by quick commerce com
See More
gray man
I'm just a normal gu...ย โขย 4m
Tata Sons wants BigBasket to secure up to $1 billion in external funding to reclaim its lost ground in India's quick commerce sector. The grocery delivery platform, owned by Tata Digital, has lagged behind Blinkit, Zepto, and Swiggy Instamart. Ta
See More
Download the medial app to read full posts, comements and news.