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QUICK-COMMERCE
Patanjali Foods reports muted rural demand amid inflation, banks on wedding season and winter demand for H2 growthPatanjali Foods reported muted rural demand and more resilient urban markets due to rising inflation. The company anticipates that upcoming...- India's consumption story remains strong, but rural demand faces inflation risks: ReportIndia's consumption growth is projected to be robust, driven by a young population and digital adoption. Despite this, rural income pressur...
- Mars sees India business more than doubling after Kellanova buyMars expects its India business to more than double following its $36-billion acquisition of Kellanova, with the company banking on rising ...
- Festive online sales hit Rs 1.4 lakh crore, up 17%, but miss forecastsThe season had been expected to hit a record Rs 1.50-1.55 lakh crore in GMV, up 25-29% from last year. GMV is total value of goods sold by ...
- Online festive sales miss estimates; Munjal steps down as Unacademy CEOHapppy Thursday! Online festive sales grew, but fell short of expectations amid weak smartphone demand.This and more in today’s ETtech Morn...
- Dhanteras gold rush stretches quick commerce delivery fleets, storesHeavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Beng...
- Quick commerce delivers huge festive triumph for D2C brandsBeauty brand Pilgrim and healthy snacks brand Open Secret both doubled their sales year-on-year (YoY) during the festive period, driven by ...
- Qcomm’s Diwali boost; Energy startups attract fundsHappy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
- Festive hamper orders triple, laddu tops 'Mithai' chart on Zepto this DiwaliZepto's festive hamper orders tripled during Diwali compared with last year, while laddu emerged as the most frequently ordered sweet and s...
- Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next DiwaliBrokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. K...
- Diwali rush lifts rapid delivery orders for last-minute shopping, giftingPlatforms such as Blinkit, Zepto, Instamart, Amazon Now and Flipkart Minutes revamped their apps for Diwali, introducing interactive interf...
- Surge in air purifier sales in India as pollution levels rise during winter season 2023Air purifier sales have increased substantially in India as pollution levels rise and winter approaches. Quick-commerce platforms are exper...
- Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giantsQuick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are ...
- 14,000+ gold, silver coins delivered per hour: Instamart, Zepto, others record rising orders as Diwali shopping shifts to q-commDuring the recent Dhanteras and Diwali events, consumers turned to quick-commerce platforms for their festive shopping needs. Significant i...
- Dhanteras rush: Quick commerce apps flag high demand, surge chargesThe platforms’ home screens were heavily themed around Dhanteras, the first day of the Diwali festivities, when it is traditionally conside...
- Blinkit Ambulance to charge Rs 2,500 for non-emergency trips; emergency service will stay free: Deepinder GoyalGoyal said Blinkit Ambulance has served about 42,000 cases in the last two years, of which roughly 20,000 were emergencies. None were charg...
- Nykaa Q2 profit more than triples, operating revenue grows 28%The platform’s gross merchandise value (GMV) grew 30% YoY to Rs 6,151 crore in the September quarter. The beauty and personal care business...
- Nykaa gives beauty a quick-commerce makeover, targets expansion to 25-plus cities by FY27-endNykaa is expanding its quick-commerce service, Nykaa Now, to more than 25 cities by FY27-end, from 15 in Q2FY27. The company is banking on ...
- JioHotstar launches StreamToCart Ads, enabling in-stream shopping through InstamartIntroducing a game-changer in digital advertising, JioHotstar has launched StreamToCart Ads, an interactive format that merges streaming wi...
- Micro occasions fuel demand surge across quick commerce, beauty servicesOn Myntra Now, overall orders rose about 70% on October 29 compared to regular days. “We saw intent for Karva Chauth starting from October ...
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