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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The supermarket chain’s focus on brick-and-mortar stores (at the cost of expanding its online presence) is akin to it living under a rock. But, there’s no indication of a change of heart anytime soon.
Avenue Supermarts Ltd, which operates supermarket chain DMart, is the most vulnerable it has been in the over two decades of its existence. The value proposition that its large-format stores offer is no longer a moat.
This was made amply clear by the management which, in a candid acknowledgment, spoke of the growing threat of quick commerce to the business. “We clearly see the impact of online grocery formats, including DMart Ready, in large metro DMart stores, which operate at a very high turnover per square foot,” CEO Neville Noronha said in the release that accompanied the second quarter earnings …
The EV maker is turning to gig-worker rentals to absorb its scooter output. But questions on cost, competition and execution make its latest pivot uncertain.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
