CosmicTaco
CosmicTaco

DMart Revenue Surges 17% Amid Quick Commerce Battle

  • DMart's parent, Avenue Supermarts, reported a 17.5% increase in standalone revenue, reaching Rs 15,565.23 crore for the September quarter.
  • Despite a challenging quarter with revenue and net profit below expectations, DMart added 10 new stores, totaling 387 by December 31.
  • Shares saw a slight recovery, up 1.4% on January 2, but remain down 12% over the past year, impacted by competitive pressures from quick commerce players.

Source: Moneycontrol

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DMart fell 9% due to Quick Commerce

Morgan Stanley said “We have been defending DMart’s business model for a while. However, we now believe the company’s slow response to steadfast market changes toward convenience is starting to hurt the business" It added, “We note DMart...

Indian Startups
by PerkyKoalaStudent

DMart vs Quick Commerce 🫠

DMart doesn't have any stores in South Bombay.

Why the hell do people think Quick Commerce has an impact on DMart?

They have been ahead of their time and always focused on the Location of every particular store. 🫡

Insane Execution ♥️

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by SqueakyPickleSoftware Developer

Shame on you Zepto!

When an order value is above INR 199, you folks used to deduct the delivery fees automatically. But now, you have made it as a manual option hidden under layers of UI.

Do you want your users to keep digging your UI to click and avail th...

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