Quick Commerce Growth in 2024: From Gold, Groceries to Gadget Delivery in 10 min
The New Indian Express|December 27, 2024
THE quick commerce sector in 2024 not only witnessed significant venture funding and growth, but also saw the entry of major players and extraordinary growth in terms of users.
UMA KANNAN
Quick Commerce Growth in 2024: From Gold, Groceries to Gadget Delivery in 10 min

Swiggy went public this year and Zomato-backed Blinkit business turned adjusted EBITDA positive in March 2024.

While Flipkart forayed into quick commerce with 'Minutes', Amazon announced 'Tez' and Myntra launched 'M-Now'. All major players are now focusing on the rapidly booming quick commerce market. Thanks to widespread adoption and demand not just in metro cities but also across tier-2 and 3 cities.

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Esta historia es de la edición December 27, 2024 de The New Indian Express.

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MÁS HISTORIAS DE THE NEW INDIAN EXPRESSVer todo
TECHNOLOGY TRENDS THAT STOOD OUT IN 2024
The New Indian Express

TECHNOLOGY TRENDS THAT STOOD OUT IN 2024

THOUGH many emerging technologies took centre stage in 2024, the year was more about driving transformation and integrating technology across various industries.

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3 minutos  |
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The New Indian Express

Shahrukh, Mohamed help TN down UP

Shahrukh Khan's 85-ball 132 not out and Mohamed Ali's unbeaten 76 powered Tamil Nadu to a massive 114-run win over Uttar Pradesh at Visakhapatnam in a Group D match of the Vijay Hazare Trophy.

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1 min  |
December 27, 2024
Wrestling continues to grapple for survival
The New Indian Express

Wrestling continues to grapple for survival

The sorry state of affairs in wrestling continues even though Aman Sehrawat, with his Olympic bronze, salvaged some pride earlier this year. As 2024 nears end, Firoz Mirza sheds some light on issues ailing the sport and way forward to reclaim the good old days...

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3 minutos  |
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City pay penalty, Chelsea stunned
The New Indian Express

City pay penalty, Chelsea stunned

ERLING HAALAND had a second-half penalty saved as crisis-torn Manchester City failed to end their dismal run with a 1-1 draw against Everton, while title contenders Chelsea suffered a first home defeat against Fulham since 1979.

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1 min  |
December 27, 2024
Teen Konstas takes bowlers to cleaners on his Test debut
The New Indian Express

Teen Konstas takes bowlers to cleaners on his Test debut

JASPRIT Bumrah had just welcomed Sam Konstas to Test cricket.

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4 minutos  |
December 27, 2024
Top Gun 4: Oz batters foil India's plans
The New Indian Express

Top Gun 4: Oz batters foil India's plans

In front of record number of fans at MCG on Day 1, Australia top-four help

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3 minutos  |
December 27, 2024
Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025
The New Indian Express

Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025

DESPITE a sharp correction in the equity market in recent months, the initial public offering (IPO) market has remained robust.

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1 min  |
December 27, 2024
India sees higher oil demand growth than China
The New Indian Express

India sees higher oil demand growth than China

THE year 2024 is going to end with a higher oil demand growth rate as compared to China's.

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1 min  |
December 27, 2024
Rupee continues to decline for third consecutive session, hits low of 85.26
The New Indian Express

Rupee continues to decline for third consecutive session, hits low of 85.26

THE rupee continued to bleed for the third consecutive day on Thursday, pressured by a firm dollar and importers' month-end dollar demand.

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1 min  |
December 27, 2024
The New Indian Express

Govt could reduce income tax rates in budget

AMID outcry over the growing tax burden on the middle class, the government might reduce income tax rates for individuals earning up to ₹15 lakh a year, according to a report by Reuters.

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1 min  |
December 27, 2024