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Jha says pressure remains high in quick commers as standalone rivals scale and ecommerce giants test waters, even as Swiggy shifts focus to deepening existing markets ...
Flipkart hiring 5,000 employees, offering higher compensation and ESOPs, focusing on AI, culture, and diverse talent pool.
Instamart, Swiggy’s quick commerce arm, saw gross order value (GOV) grow 21% year-on-year to Rs 5,655 crore, while operating losses widened to Rs 896 crore, up 181% from Rs 318 crore in Q1 FY25.
India's quick commerce giants like Blinkit, Zepto, and Swiggy Instamart are aggressively expanding their dark store networks, ...
Intensifying its push into quick commerce, Flipkart has reportedly expanded its ‘Minutes’ by setting up more than 200 dark stores across 14 cities.Flipkart Speaking at the ongoing Startup ...
Swiggy reported a doubled net loss of Rs 1,197 crore for the April-June period despite a 54% increase in operating revenue, ...
Reliance Industries is prioritizing organic growth in India's quick commerce sector, foregoing acquisitions due to ...
The monthly cash burn for quick commerce players, including new entrants, has surged to Rs 1,300-1,500 crore, doubling in just a few months, reflecting intense competition for users. Burn rate ...
In a major move signalling confidence and strategic momentum, Flipkart has announced a USD 50 million employee stock ownership plan (ESOP) buyback, allowing around 7,000 active employees to cash out ...
“Quick commerce platforms account for 40%-plus share in online grocery sales outside the festive season. We expect this to increase to 51%.
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