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Quick Commerce News
Quick Commerce
22 Nov 2024
Quick Commerce Workforce Expansion To Surge By 60% In India
In the logistics sector, the temporary workforce surged by 20-30 per cent to support the anticipated 35 per cent growth in e-commerce sales.
Zomato
25 Jun 2022
Zomato to acquire grocery delivery platform Blinkit for Rs 4447 crore
Zomato would offer up to 629 million shares, representing a 6.88 percent ownership stake on a fully diluted basis. Zomato shares finished at Rs 70.35 on the BSE, up 1.15 percent. The Blinkit acquisition highlights the hyper-competitive and cash-hungry character of the fast commerce industry.
grocery delivery
21 Apr 2022
5 apps offering 10-minute grocery deliveries: Zepto, BigBasket, Blinkit, more
Take a look at the apps offering 10-minute grocery delivery inside.
Zomato
16 Mar 2022
Zomato to loan $150 million to Grofers India, pick up stake in Mukunda Foods
Zomato had last year invested USD 100 million (Rs 745 crore) for acquiring around 9 per cent stake in Grofers. Zomato further said it will acquire 16.66 per cent of share capital of Mukunda Foods. The proposed investment is subject to fulfilment of certain customary conditions precedent.
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