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Amazon is preparing to launch its quick commerce services in India in the first quarter of next year. The company aims to reduce delivery times to 20-30 minutes, joining a competitive market that includes players like Flipkart and Blinkit. Quick commerce currently holds a 10-15% share of the total e-commerce market, with projections to grow to 40-50% over the next three years, according to Elara Capital. This move by Amazon is part of a broader trend where e-commerce giants are expanding into rapid delivery services. Meanwhile, traditional kirana stores are facing challenges from this emerging sector, prompting Indian government ministries to assess the impact on these small businesses.
number of Indian government ministries have initiated a plan to assess whether the recent expansion of quick commerce in the country is unfairly disrupting the business of traditional mom-and-pop stores otherwise known as kiranas. The move comes even as the central government… https://t.co/79cljbr7C8
#ICYMI - ETtech top story of the day #Amazon has put together a plan to launch its #quick commerce offering in #India, likely in the first quarter of the next year, people briefed on the plan told us. Break by @digbijaymishra1 https://t.co/K2QBjy1FPY https://t.co/yYazNQqkeT
Amazon is reportedly preparing to launch its quick commerce offering in India, targeting the first quarter of 2025 for a potential rollout @NandiniSiinghh #amazon #quickcommerce https://t.co/uW26zDPblk