The service will deliver groceries in 7-8 cities to start with, and then gradually scale up to cover over 1,000 cities, according to a Times of India report.
Quick commerce platforms, including Zepto, Blinkit, and Swiggy Instamart, are strategically expanding their offerings to encompass broader categories such as fashion, electronics, home appliances, and luggage. These expansions venture into domains traditionally dominated by e-commerce providers.
Avenue Supermart CEO added that while e-commerce is the next big challenge for brick and mortar retail, the quick commerce model could have huge scale .
D-Mart CEO's Exclusive and Rare interview on the business, store addition, digital challenges moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
DMart posts 22% jump in Q4 net profit at Rs 563 cr - News Today newstodaynet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstodaynet.com Daily Mail and Mail on Sunday newspapers.