Amazon pilots quick commerce service in India


Amazon on Tuesday said it is piloting a quick commerce service in India that will see the U.S. tech giant deliver grocery and other items to customers in the world’s most populous nation in 15 minutes or less.

The American firm is the sixth major entrant to the Indian quick commerce market, which is currently clocking more than $6 billion in annual sales. Zomato-owned BlinkIt, Swiggy and Nexus-backed Zepto currently dominate the quick commerce play in India that is operational largely in roughly two dozen cities.

Amazon is initially launching the pilot in Bengaluru.

“Our strategy has always focused on ‘Selection, Value and Convenience’ and our vision is to build a large profitable business in India,” said Samir Kumar, the new country manager of Amazon India, in a statement.

“So, while we focus on implementing our strategy to offer the largest selection at fastest speeds and greatest value to customers in every single pin-code across the country, we are excited to start a pilot to give our customers a choice to get their everyday essentials in 15 min or less.”

Even as the quick commerce model — delivering items to customers within 10 to 15 minutes — hasn’t worked in most parts of the world, it’s increasingly finding success in India, where a range of retailers and internet firms, from food delivery giant Swiggy to online cosmetics platform Nykaa are gearing up their supply chain ecosystems to accommodate for faster deliveries.

Myntra, the top fashion e-commerce player in India, piloted its quick commerce offering in Bengaluru last week.

This is breaking news. More to follow.



Source link

About The Author

Scroll to Top