Q-comm delivers record sales on New Year's Eve
Financial Express Lucknow|January 02, 2025
Quick Commerce Firms
Raghav Aggarwal New Delhi, January 1

QUICK COMMERCE FIRMS saw their sales soar to unprecedented levels on December 31. However, industry leaders anticipate a tough road ahead in 2025 as competition intensifies and market dynamics evolve.

Aadit Palicha, co-founder and CEO of Zepto, underscored the sector's remarkable growth and the challenges that lie ahead in two separate LinkedIn posts. "This New Year's Eve marked a 200% increase in sales compared to last year. However, it will become increasingly clear in 2025 that q-commerce requires exceptional execution to thrive," Palicha said.

Zepto recorded an extraordinary pace of sales, moving 3,345 ice cube packets per hour—a 2.62x jump from last year.

"The customer value proposition will level up quickly. Unit economics and efforts to build operating leverage will evolve, and the capital markets environment for this industry will look significantly different compared to 2024 and 2023," Palicha said.

This story is from the January 02, 2025 edition of Financial Express Lucknow.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 02, 2025 edition of Financial Express Lucknow.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS LUCKNOWView All
Financial Express Lucknow

Dixon Lines Up $3-Bn Display Fab Unit

Lall said it is a high Ebitda margin business for the company.

time-read
1 min  |
January 21, 2025
Financial Express Lucknow

IT firms see shift to shorter deal cycles

CHANGE REFLECTS RAPID TECHNOLOGICAL ADVANCEMENTS

time-read
2 mins  |
January 21, 2025
Financial Express Lucknow

Kotak Bank to Maintain Its Margins

Aided by a rate-cut cycle & led by growth in high-yielding assets

time-read
2 mins  |
January 21, 2025
Financial Express Lucknow

Zomato Q3 profit plummets, misses estimates

FOOD & GROCERY DELIVERY FIRM'S REVENUE ROSE 64% TO ₹5,405 CR; BLINKIT BOOSTS EXPANSION TO OUTPACE RIVALS

time-read
3 mins  |
January 21, 2025
Financial Express Lucknow

Billionaire wealth soars 3x faster by $2 trillion in 2024

BILLIONAIRE WEALTH ACROSS the globe surged by $2 trillion in 2024 to $15 trillion at a rate three times faster than the previous year, a study showed on Monday as the richest of the world began to assemble for their annual jamboree in this ski resort town.

time-read
1 min  |
January 21, 2025
Financial Express Lucknow

RG Kar case 'not rarest of rare'; life term for convict

A court in Kolkata's Sealdah on Monday sentenced Sanjoy Roy to life imprisonment \"until his last breath\" for the rape and murder of a junior doctor at the state-run RG Kar College and Hospital.

time-read
1 min  |
January 21, 2025
Financial Express Lucknow

TVS enters electric 3-wheeler mkt

TVS MOTOR COMPANY on Monday entered the electric three-wheeler market with the launch of its King EV MAX model.

time-read
1 min  |
January 21, 2025
Financial Express Lucknow

Biocon seeks tax cuts on cancer drugs

THE GOVERNMENT SHOULD eliminate tax on drugs for cancer treatment and for chronic and rare diseases, Biocon chairperson Kiran Mazumdar-Shaw said ahead of the FY26 Budget on February 1.

time-read
1 min  |
January 21, 2025
Financial Express Lucknow

NCLT Orders Liquidation of Go First

THE NATIONAL COMPANY Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes.

time-read
1 min  |
January 21, 2025
Financial Express Lucknow

Govt Allows 1 MT of Sugar Exports After Gap of a Year

● Traders welcome move; sugar firms' share prices rise

time-read
1 min  |
January 21, 2025