With gold sales, did quick commerce bite off more than it could chew?

In their pursuit of a bigger basket size, the quick commerce players took to selling gold coins this festive season. What they did not budget for is that unlike groceries, there is zero room for error when dealing with a high-value item.

November 07, 20247 min
0
With gold sales, did quick commerce bite off more than it could chew?

You may also like

Internet
Story image

Zepto’s fundraise overshadows Eternal’s quick commerce-driven Q2 growth

The well-timed announcement of Zepto’s $450 million funding on the day of Eternal’s September-quarter results foreshadows what the future holds for India’s quick-commerce landscape.

Internet
Story image

Why won’t VCs or anyone else invest in BigBasket?

Early movers don’t always win and other lessons from India’s constantly evolving startup landscape.

Internet
Story image

Google Ads wants a big bite of India’s growing quick-commerce pie

The tech giant’s latest advertising tool purely hinges on the idea that visibility is the new currency in quick-commerce advertising. It's time for the likes of Blinkit and Instamart to adapt to this new reality, and find ways to make the most of it.