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RAPID FOOD DELIVERY
Zomato pilots food vending machines at workplaces in new attempt at quick deliveryZomato is piloting food vending machines in Gurugram corporate offices. This new initiative, Zomato Now, aims for rapid food delivery acces...- Babycare quick commerce startup Peeko raises $7 millionBabycare rapid delivery platform Peeko has raised $7 million in a funding round led by Chiratae Ventures to expand its business, technology...
- China robot makers flock to Beijing show, seek path to mass adoptionMore than 300 companies are attending the World Robot Conference which runs through Sunday, displaying over 2,000 exhibits and launching m...
- India’s next online grocery goldmine lies beyond the traditional routesThe shift in India’s e-commerce market is revealing a growing focus on value-oriented buyers from smaller towns. These consumers favor cost...
- She works at a bank. But her side business makes more than Rs 7 lakh a month. Yet she refuses to quit her 9-5 job. Why?A bank employee in Varanasi has built a tiffin business generating Rs 7.27 lakh in monthly revenue, according to social media user Ankit Pa...
- ETtech Explainer: Why are dark stores again under scrutiny over food safetyFood safety inspectors have conducted thorough checks on quick commerce locations in Karnataka and Maharashtra, revealing violations relate...
- Uber, Rapido held talks to combine India ops; deal collapsed over control: sourcesUber and Rapido discussed merging their India ride-hailing operations in May, sources told us. Talks collapsed after disagreements over the...
- New-age IPOs: Listing-day performance proves poor guide to long-term gainsSeven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an ET analysis of 27 companies showed....
- Once known as ‘Little Taiwan,’ this Chinese fishing village was home to 2,000 people, now a ghost town 40 miles from ShanghaiHoutouwan, a former prosperous fishing village, now stands abandoned and overgrown with vegetation. Residents left due to limited transport...
- Mid-cap stocks: Time for a change of stance? 6 mid-caps from different sectors with an upside potential up to 29%Sometimes the real market story is not in the headline index. The Nifty and Sensex can be under pressure, and yet, below them, mid- and sma...
- Offline shopping to be District’s second-largest business in three years: CEO Rahul GanjooCEO Rahul Ganjoo told ET that while dining will remain District’s biggest category en route to a targeted $3 billion net order value (NOV),...
- Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
- Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
- Flipkart may launch food delivery mid-August, mulls commissions of up to 11%: SourcesFlipkart plans to launch its food delivery service in Bengaluru mid-August. The company is considering restaurant commissions of up to elev...
- Quick commerce race cuts product launch cycles to weeksCompanies are shrinking product innovation cycles to three months or less. Quick commerce platforms now drive seventy-five percent of total...
- The surprising metrics of Goa's tourism boom led by traffic, villas and paneerAs flights and hotel occupancy fail to capture the number of tourists flocking to Goa, here are some unusual indicators that also mark the ...
- Shadowfax reports 8x jump in Q1 net profit, revenue up 65%The Bengaluru-based company reported strong growth across its core businesses in the June quarter, led by its express delivery segment. The...
- Zepto IPO hurdle revives investor interest in Swiggy, Eternal; shares set for best month in yearsSwiggy and Eternal shares have rallied sharply in July as investors reassess the competitive landscape following Zepto's IPO valuation rese...
- Ex-Myntra chief Nandita Sinha named Swiggy Instamart CEO; Amitesh Jha exitsSinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group vete...
- Zomato's Deepinder Goyal shrugs off Rapido, Swiggy's budget food betsEternal's CEO Deepinder Goyal downplayed competition from Rapido and Swiggy's budget food delivery services. He stated these low-cost offer...
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