quick commerce – storyboard18

Quick commerce emerges as the key channel for sponsor product ads, reveals mFilterIt’s report

The festive sales period also highlighted the importance of maintaining high availability, especially on quick commerce platforms where immediacy is critical.

Festive season saw a trend towards premium pricing on quick commerce platforms, where chocolate products commanded higher average selling prices

Tanishq, BigBasket collaborate for 10-minute delivery of gold, silver coins

Bigbasket partners with Tanishq to sell gold and silver coins

BigBasket said it will deliver Tanishq’s Lakshmi Ganesh (999.9 Purity) silver coin, 10 gram; Tanishq 22 carat gold coin, 1 gram; and Tanishq 22 carat gold coin With Lakshmi motif, 1 gram in just 10 minutes to customers during Dhanteras festival.

CCPA takes action against quick commerce companies for product disclosure violations

These companies have been given 15 days to respond.

CCPA Chief Commissioner Nidhi Khare confirmed that the notices were sent to three to four companies, although specific names were not disclosed.

Q-comm brewing: Tata Group brands gear up to strengthen BigBasket’s BB Now

Founded in 2011, Tata acquired bigbasket in 2021 for $1.14 billion

Notably, BigBasket partnered with Tata-owned jewellery brand Tanishq during Akshaya Tritiya this year. And, this month, the salt-to-software conglomerate’s coffee chain Tata Starbucks launched a pilot direct delivery via its mobile application

Swiggy shareholders approve increase in IPO size to Rs 5,000 crore: Report

Swiggy's net loss narrowed to Rs 2,350 crore in FY2024

Notably, only the size of the primary issue has been increased to Rs 5,000 crore. The offer for sale (OFS) component will remain unchanged at Rs 6,664 crore

Flipkart’s Big Billion Days: Top metro cities drive demand, tier 2 cities show promise

Flipkart has witnessed more than 20 percent growth for two consecutive years

Shopsy, Flipkart’s hyper-value platform, witnessed a 70 percent rise in customer visits and nearly a three-fold increase in transactions compared to the pre-festive season

EXCLUSIVE: ‘Tata Group’s StarQuik not in Q-commerce rat race’, says K Radhakrishnan, Co-founder

StarQuik was launched in Gurgaon, in 2014, as GrocerMax by K Radhakrishnan and Gaurav Juneja, it came under Tata’s aegis in 2017, when the latter was looking to enter the e-grocery space.

Star Bazaar, a retail chain owned by Trent Hypermarket Pvt Ltd is a part of the Tata Group. Trent recently announced plans to add 20-25 Star Bazaar stores in FY25, taking the overall footprint to around 90 stores by the end of the year.

‘Q-commerce is here to stay, retailers must upgrade themselves’, says CEO of Retailers Association of India

These companies have been given 15 days to respond.

On September 26, Madras High Court lawyer K Narasimhan alleged in his complaint to the DPIIT that e-commerce platform Flipkart is offering discounts at product level for select sellers and creating a non-competitive environment.

Distributors’ body expresses concerns over quick commerce firms’ deep discount practices

AICPDF pointed out the swift growth of these platforms, stating that it creates major challenges for traditional retail.

AICPDF warned that if FMCG companies fail to act against these ‘harmful practices,’ it will launch a mass non-cooperation movement against them.

Tata-owned bigbasket forays into electronics, to deliver iPhone 16 in 10 minutes

Bigbasket's BB Now has been in operation for approximately two and a half years but it intensified its operation last year due to the surging demand for rapid deliveries

The company has plans to deploy 500-600 dark stores nationwide and link them with its warehouses to streamline delivery of both popular grocery items and non-grocery products