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Commerce
Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
5:53 pm PDT • April 25, 2024
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per…
Commerce
India’s Zepto zooms to $1.2B in annualized sales in 29 months, Goldman says
8:12 am PDT • April 4, 2024
Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing Zepto management. Zepto,…
Featured Article
Quick commerce is making fast inroads in India
Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of delivering items to customers in 10 to 20 minutes — appears to be working. India’s quick commerce market has witnessed…
8:00 pm PDT • March 11, 2024