Zomato, Swiggy Shares in Focus as GST Council Considers Cutting Food Delivery GST to 5%
In a significant move for the e-commerce food delivery sector, the Goods and Services Tax (GST) Council has proposed a reduction in the GST rate on food delivery services provided by platforms like Zomato and Swiggy from 18% to 5%….
Zepto's Robust Financial Growth: Revenue Surges to Rs 4,454 Crore While Losses Narrow
Zepto, a leading player in the quick commerce industry, has reported remarkable financial results for fiscal year 2024 (FY24). The company achieved an impressive 120% increase in revenue, reaching Rs 4,454 crore, compared to the previous fiscal year. This leap…
Zepto Cafe: Revolutionizing the 10-Minute Food Delivery Experience
In the fiercely competitive landscape of food delivery services, Zepto is preparing to shake things up with the launch of its standalone app, Zepto Cafe. Scheduled to release next week, the app promises to elevate the quick commerce market by…
Amazon Quick Delivery: Revolutionizing E-Commerce in India
Amazon is set to invite a wave of innovation in the Indian e-commerce landscape with its new 15-minute delivery service. This initiative marks a significant leap into the burgeoning quick commerce sector, providing consumers with faster access to essential products….
86% of Online Users Discover New Quick Commerce Brands via Meta Platforms: What It Means for E-Commerce
Quick commerce is reshaping the landscape of online shopping, particularly in India. According to a recent report commissioned by Meta, a staggering 86% of online users first encounter new quick commerce brands or products through Meta platforms such as Facebook…
Zomato Leads Food Delivery with 58% Market Share in Q1; Blinkit Tops Quick Commerce: A Comprehensive Analysis
In the competitive landscape of food delivery services, Zomato has secured its position as a market leader in India, boasting an impressive 58% market share in the first quarter of FY25, as reported by Motilal Oswal. The insights gained from…
Zepto Fundraising: A Strategic Move in the Quick Commerce Arena
In an era marked by rapid digital transformation and ever-evolving consumer preferences, Zepto, a prominent player in the quick commerce sector, stands poised to raise $300 million from domestic investors. This substantial funding round nearly doubles the amount initially sought…
India's E-Commerce Battlefield Readies for Upcoming Wars
The Indian e-commerce landscape is currently experiencing intense competition, particularly between quick commerce and traditional e-commerce platforms. Quick commerce companies, known for their rapid delivery services, are not only redefining consumer expectations but also threatening established giants such as Amazon…
CAIT Alleges Unfair Trade Practices Against Quick Commerce Companies
The Confederation of All India Traders (CAIT) has raised significant concerns regarding quick commerce platforms like Blinkit, Instamart, Zepto, and Swiggy, alleging that these companies are engaging in unfair trade practices that undermine India’s retail economy. In a recent press…
Swiggy Expands Leadership Team with Key Flipkart Appointments
In a significant move before its stock market debut, food and grocery delivery giant Swiggy has recently announced two vital senior leadership appointments. This strategy aims to accelerate growth in its quick commerce sector and enhance operational efficiency within its…
