BW Communities

Articles for Quick Commerce

Retailers Facing Challenges From Quick Commerce, Might Become Political Issue: Uday Kotak

Uday Kotak highlights that India is an unique country where this has been working, unlike in the most parts of the world where this has not been as effective

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Swiggy IPO Rundown: Eyes On $50 Bn Quick Commerce Market, 500 Mn Users

Swiggy plans to launch its initial public offering (IPO) this Wednesday, with the bidding process set to close on Friday. The IPO comprises a fresh issue amounting to Rs 4,499 crore alongside an offer for sale of 17.5 crore shares

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Ecommerce Likely To See 20% YoY Growth This Festive Season: Report

The report states that the ecommerce sector is poised for substantial growth and the gross merchandise value (sales) is expected to be around Rs 1 lakh crore to Rs 1.2 lakh crore

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Swiggy Eyes Blockbuster IPO Amid Booming Indian Market

Swiggy, backed by the Japanese conglomerate SoftBank, intends to raise a whopping Rs 3,750 crore ($448.56 million) by issuing fresh shares. Additionally, existing shareholders such as Prosus, Accel India, and Tencent Europe are also expected to sell portions of their existing stakes.

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Ola To Re-enter Quick Commerce With Automated Dark Stores And UPI

As Ola prepares for its IPO, the business is re-entering the rapid delivery sector with plans for automated dark stores and a new UPI system

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