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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.
From DMart to Shoppers Stop, Spencer’s to Reliance Retail almost every big retailer is looking to offer faster home deliveries to jump-start their flagging footfall. But can they unseat the startups?
RP-Sanjiv Goenka Group’s Spencer’s Retail launched its 30-minute delivery service, Jiffy, in Kolkata in mid-January.
Shoppers Stop has firmed up plans to enter quick commerce, aiming to deliver a host of items such as clothing, jewellery, bags, shoes, cosmetics and home decor within three hours. In fact, it has launched same-day delivery from two of its stores in the fiscal third quarter.
Tata Digital started Neu Flash, its 15-minute delivery service, across multiple categories including groceries, electronics and fashion, in over 20 cities in November.
Then there are the modern retail giants that have had an e-commerce presence for some …
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
