Get the app
News Discussion
News Discussion
on
CosmicTaco
CosmicTaco
Grapevine

Amazon's Missteps in India's Quick-Commerce Market

  • Amazon's decision to not enter India's quick-commerce market is proving costly as firms like Blinkit, Zepto, and Instamart thrive.
  • Quick-commerce in India is growing at over 125%, while traditional e-commerce growth lags at 11-12%.
  • Amazon's rival, Flipkart, has launched its own quick-commerce service, Flipkart Minutes, to capture urban market share.
  • Analysts suggest Amazon's focus has shifted to its cloud business, with $12.7 billion earmarked for AWS operations in India.
  • Regulatory challenges and strategic missteps have hindered Amazon's growth, allowing competitors to outpace the e-commerce giant.

Source: Techcrunch

11mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
DizzyPretzel
DizzyPretzel
Amazon11mo

Everyone is just burning cash, wait a wail and 90% of these quick e-commerce will die or be cheaply bought

Discover more
Curated from across