The Gurugram-based firm is also looking to expand its quick-commerce business to major metropolitan cities in a few months, said Milind Sharma, Delhivery’s newly appointed head of rapid commerce and direct-to-consumer brands. “While there are investments needed to build this business, we are keeping tight control on our costs. Our initial set of dark stores … Read more
New Delhi [India], March 16 (ANI): The rise of quick commerce has caused a significant decline in the sale of food, beverages and confectionery in urban centers, as 52 per cent of physical store retailers reported experiencing the drop, according to a report by global consulting firm PwC. The report says that beyond food, personal … Read more
The Mumbai-based company sees a massive opportunity in quick food deliveries and believes it has the right to win in the category thanks to its well-established model comprising offline eateries as well as cloud kitchens, which allow it to offer a full-stack setup with access to multiple brands such as Faasos, Behrouz Biryani, and Wendy’s, … Read more
Valentine’s Day Sales: Revealing the sales and trends data for Valentine’s Day this year, the management of Swiggy and Swiggy Instamart shared that their platforms logged 581 chocolates, 607 cakes sales per minute, respectively on February 14, 2025. Further, in terms of restaurant booking and food orders, besides the metros of Mumbai and Delhi, tier … Read more
Bengaluru: Growth investments being made into Swiggy’s quick commerce arm Instamart will mature over time as the firm works on reducing delivery costs and increasing advertising revenue, according to chief financial officer Rahul Bothra. The firm’s average order value in the October-December quarter was ₹534, up 14% year-on-year, while the cost of fulfilling a delivery … Read more