Quick commerce surges to dominate e-grocery market, accounting for 70-75% of orders: Report

As the express logistics sector evolves, leading e-commerce companies are adapting their strategies to keep pace with demand.

Quick commerce has transformed the online grocery market, now accounting for 70-75% of total e-grocery orders—an impressive jump from 35% in 2022. This surge is driven by efficient execution, rising consumer incomes, a broader product selection, and increasing demand for convenience.

South Korea’s Kia denies endorsing anti-Musk ad campaign as protests against Tesla surge

The controversial ad, which appeared on Kia Norway's social media accounts, showcased the company's new EV3 electric car with a message implying dissatisfaction with Musk's recent political activities.

The automaker clarifies that the controversial advertisement was a local initiative and not approved by Kia Corporation.

Nissan appoints Ivan Espinosa as CEO amid leadership shake-up

Ivan Espinosa's appointment comes less than a year after he assumed his current role as Chief Planning Officer in April 2024, a position he took as part of a corporate shake-up aimed at accelerating Nissan’s shift to electric vehicles (EVs).

Ivan Espinosa to succeed Makoto Uchida as latter struggles with performance and failed Honda talks.

India’s foreign tourism arrivals soar by 124% in 2023, reaching 1.92 crore visitors

The country welcomed 1.92 crore international visitors, a substantial jump from 85 lakh tourists in 2022, highlighting a strong post-pandemic recovery.

Several states, including Delhi, Goa, Gujarat, Kerala, Karnataka, Maharashtra, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, and West Bengal, emerged as leading destinations for international tourists.