Tuesday, March 28, 2023
Outlook India
Outlook Business

Quick Commerce

Zomato did not comment anything on this matter

The gig economy is attracting top recruiters and expanding beyond metro cities to Tier-II and Tier-III cities, providing more opportunities for self-employed individuals

Business development executives, field sales executives, last-mile delivery executives, digital promoters and brand promoters are the top jobs that are in demand among recruiters

The company raised $240 million from Reliance Retail in January 2022

Customers from Bangalore, New Delhi, Hyderabad, Kolkata, Mumbai, Pune, Chennai, Lucknow, Gurgaon and Guhawati shopped the most

The funding boosted the valuation of the e-commerce platform to $3.2 billion

The challenges of surviving a high cash burn segment such as quick commerce have forced several players to scale back leaving the emergence of a duopoly in the space

Dunzo earlier had 120 dark stores across eight cities in the country

Though many quick commerce companies are trying to gain ground while keeping delivery time in check, Zepto's 19-year-old CEO is confident that the start-up will continue its hyper-growth trend