In Q-commerce, Flipkart, Amazon, Reliance and Big Basket are all entering the space. All of them have deep pockets, hence competitive intensity will rise going forward.
E-com platforms are likely to offer discounts and wider assortments during the festive season. Given more dark stores, wider assortment and improving penetration, festive season growth could see a big bump. Non-grocery sales like that of smartphones and furniture happen in the early weeks of the festive season. The second wave of buying happens at Dussehra, where Q-commerce will be big. The third wave is around Diwali. The Q-commerce GMV (gross merchandise value) could be $1 billion equivalent with online sales aggregating $12 billion. Surveys indicate consumers are prepared to spend much more than last year.
Zomato leads in food delivery and Q-commerce, but there's an intense war for market share. Swiggy's integrated app offering vs Zomato's multi-app approach may be more market-friendly and Swiggy is also innovating with Bolt, a 10-minute food delivery platform.
Bu hikaye Business Standard dergisinin October 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Standard dergisinin October 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Missing Women in South Indian Film Leadership
The South Indian film industry lags Bollywood and other non-South Indian language cinemas in terms of women serving as heads of departments (HoDs) in various stages of filmmaking and streaming series production, according to a recently released report.
Manu Bhaker, Gukesh among four athletes to get Khel Ratna award
Shooter Manu Bhaker, chess world champion D Gukesh, men's hockey captain Harmanpreet Singh and para-athlete Praveen Kumar were on Thursday named recipients of this year's Major Dhyan Chand Khel Ratna Award—the country's highest sporting honour.
Insurers to double down on tech, rural expansion for growth in '25
Industry will also focus on strengthening distribution networks and human capital
Policy change, seasonal uptick to drive gains for United Spirits
The stock of the country's largest alcohol beverage maker United Spirits has been hitting its lifetime highs over the last few trading sessions.
Sebi quashes Zee, Goenka's settlement plea; expands probe
The Securities and Exchange Board of India (Sebi) on Thursday rejected a settlement application filed by Zee Entertainment Enterprises (ZEEL) and its chief executive officer Punit Goenka in the alleged violations of the Listing Obligations and Disclosure Requirements (LODR) regulations.
The art of the career pivot
My coachee was taking me through the journey of his career and ended by saying that he was planning to get himself certified as an independent director so that when he retires he can look for ID positions in engineering companies (his domain of expertise).
Hot button issue
The scale of climate challenge is increasing
Police probe motive in New Orleans rampage
Investigators found guns, explosives in the truck that bore the flag of Islamic State group
Gunman who killed 12 people in Montenegro dies by suicide
A gunman who fatally shot at least 12 people, including two children, in Montenegro has killed himself while surrounded by police, officials said Thursday.
Aeromexico, Saudia Among Most Punctual Global Airlines for 2024
If the latest round of airline delays over the holiday season has you feeling anxious about your next flight, the 2024 annual on-time performance list from Cirium, published on January 2, may help.
