Tag Archives: quick commerce

In a clever marketing move, a coconut vendor in Bengaluru has gained attention with a viral advertisement highlighting the price difference between local coconut prices and those on quick commerce apps like Zepto, Blinkit, and BigBasket. The vendor's poster claims that while these apps charge customers between ₹70 and ₹80 for a single coconut, shoppers can buy it at the local shop for just ₹55.

In a remarkable demonstration of the rapid advancements in quick commerce, a Bengaluru resident received a laptop at a Starbucks outlet in just 13 minutes, thanks to Flipkart Minutes, a new service recently launched in select areas of the city.

As India embarks on its grand festive season, which culminates with Diwali, quick commerce platforms Blinkit and Swiggy Instamart have reported remarkable sales milestones during Raksha Bandhan 2024. Both companies surpassed their 2023 performance, reflecting the growing reliance on these platforms for festival shopping.

Quick commerce startup Zepto is set to shift its headquarters from Mumbai to Bengaluru, according to a recent report by Moneycontrol. The three-year-old company will be relocating its base from Powai in Mumbai to Sarjapur in Bengaluru, consolidating its operations into a new, larger office space.

In a significant valuation update, Goldman Sachs has placed Blinkit, the quick commerce startup acquired by Zomato in 2022, at a higher value than Zomato's food delivery business. This valuation shift underscores Blinkit's impressive performance and potential within the market.