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.
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Esta historia es de la edición December 11, 2024 de Financial Express Delhi.
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.
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Pushpa 2 hits ₹1,000-crore milestone at global BO
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US hotels welcome Indian tourists with chai, samosa
POST-COVID BOOM
Why international stars are pulling out of Hockey India League en masse
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EY case puts spotlight on white-collar labour laws
● Decades-old laws largely focused on blue-collar workers
Rupee gains 2p to settle at 84.83
THE RUPEE GAINED 2 paise to close at 84.83 against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance following the appointment of Sanjay Malhotra as the new governor.
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).
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.
Sebi notifies tighter insider trading rules
WIDENING THE NET
Prioritising inclusion in social networking
Famm Connect acts as a LinkedIn for the LGBTQ+ community
Making digital work for women
● UPI's ease of use allows them to expand business
