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Amazon to Expand Quick Comm Network to 1,000 Stores Across 100 Cities
The company aims to add neighborhood warehouses and lift Amazon Now as rivals hold 77% of India’s quick-commerce market, data from Datum Intelligence shows.
- Amazon plans to invest $3 billion in India's quick commerce sector by 2030, aiming to expand its presence in a rapidly growing market, according to two sources with direct knowledge of the plans.
- Domestic giants Blinkit, Swiggy, and IPO-bound Zepto control 77% of the market, while Amazon holds only a 6.2% share, according to Datum Intelligence data.
- The retailer will add small neighbourhood warehouses to its Amazon Now network and deploy AI tools for demand prediction, targeting around 1,300 stores by April next year from around 750 now.
- Amazon India's quick commerce business crossed $1 billion in annualised gross sales over the past three months, "making it the fastest-growing e-commerce business in Amazon India's history," the company said.
- Satish Meena, founder of Datum, noted catching up with rivals will not be easy, while the firm faces tight regulations and a pending antitrust case, which it denies.
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The American e-commerce retailer Amazon will invest $3 billion to expand its ultra-fast delivery operations in India by 2030, said two sources. This is its biggest bet so far in a sector in which competitors have advanced rapidly by popularizing deliveries in a few minutes. The instant delivery sector, known as "quick commerce", has become a rapidly expanding force and has transformed the way Indian people living in urban areas buy everything, f…
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Coverage Details
Total News Sources20
Leaning Left1Leaning Right4Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
C 50%
R 40%
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