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.
7 November, 2024•7 min
0
7 November, 2024•7 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
D2C brands’ need-for-speed dilemma
Brands are racing to build rapid delivery on their own channels—despite unclear economics and no proven success stories. Will they succeed?
You may also like
Internet
D2C brands’ need-for-speed dilemma
Brands are racing to build rapid delivery on their own channels—despite unclear economics and no proven success stories. Will they succeed?
Internet
Swiggy sounds the alarm bells on quick commerce
Amid an irrational competition brewing in India’s quick-commerce sector, the food and grocery delivery company seems to be taking a far more conservative approach compared to its peers, despite having Rs 16,000 crore in the bank.
Internet
Can Temu gain ground in the UAE?
The relatively new online marketplace seems to be doubling on its UAE momentum. We take a look at what is at stake.