Amazon enters q-commerce race with 15-minute delivery
Financial Express Bengaluru|December 11, 2024
Amazon's q-commerce pilot to begin in Bengaluru later this monthUS giant's entry expected to intensify competition in $6-billion marketBlinkit dominates market with 46% share, followed by Zepto (29%) and Swiggy Instamart (25%)Firm also aiming for cumulative exports from India worth $80 bn by 2030
RAGHAV AGGARWAL

CUSTOMERS WHO WANT grocery and other items delivered in 15 minutes or less can now add one more option to their shopping preference. E-commerce major Amazon on Tuesday announced its foray into quick commerce, joining the race against Zomato's Blinkit, Swiggy Instamart, Flipkart Minutes, Zepto and others.

The company said it will announce details of the service later. Reports had earlier suggested that Amazon will call its offering as Tez.

"We are excited to start a pilot to give our customers a choice to get everyday essentials in 15 minutes or less," Amazon India country manager Samir Kumar said at the company's flagship event, Smbhav. "We already have millions of customers across India, including Prime members who trust us and will look forward to this convenience," he added.

Esta historia es de la edición December 11, 2024 de Financial Express Bengaluru.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 11, 2024 de Financial Express Bengaluru.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FINANCIAL EXPRESS BENGALURUVer todo
EY case puts spotlight on white-collar labour laws
Financial Express Bengaluru

EY case puts spotlight on white-collar labour laws

● Decades-old laws largely focused on blue-collar workers

time-read
1 min  |
December 12, 2024
Financial Express Bengaluru

Pushpa 2 hits ₹1,000-crore milestone at global BO

ALLU ARJUN'S PUSHPA 2: The Rule has hit the milestone of ₹1,000 crore at the global box office in just six days, making it the fastest Indian film to register the feat.

time-read
1 min  |
December 12, 2024
Why international stars are pulling out of Hockey India League en masse
Financial Express Bengaluru

Why international stars are pulling out of Hockey India League en masse

THE NO-SHOW

time-read
2 minutos  |
December 12, 2024
Financial Express Bengaluru

US hotels welcome Indian tourists with chai, samosa

POST-COVID BOOM

time-read
1 min  |
December 12, 2024
Financial Express Bengaluru

MFs, pension funds must be active in corp bond market: Setty

STATE BANK OF India (SBI) chairman C S Setty on Wednesday called for active participation of mutual funds and pension funds in the corporate bond market.

time-read
1 min  |
December 12, 2024
Financial Express Bengaluru

Credit card issuance slows in Q1: Report

THE ISSUANCE OF new credit cards in the first quarter of FY25 declined by over 34% compared to the same period last fiscal—to 4.4 million from 6.7 million—according to the latest CreditScape report by CRIF High Mark.

time-read
1 min  |
December 12, 2024
Financial Express Bengaluru

Sebi notifies tighter insider trading rules

WIDENING THE NET

time-read
1 min  |
December 12, 2024
Financial Express Bengaluru

Equirus Wealth crosses ₹10K cr in assets under management

Equirus Wealth on Wednesday said it has surpassed ₹10,000 crore in assets under management (AUM).

time-read
1 min  |
December 12, 2024
Financial Express Bengaluru

Prioritising inclusion in social networking

Famm Connect acts as a LinkedIn for the LGBTQ+ community

time-read
2 minutos  |
December 12, 2024
Financial Express Bengaluru

Early detection to prevent TB spread

AI-led solutions help screening for the disease

time-read
2 minutos  |
December 12, 2024