Ola Enters Quick Commerce Market, Challenging Blinkit, Swiggy Instamart, Zepto, and Flipkart Minute
- Ola is entering the $5-billion quick commerce market, competing with Blinkit, Swiggy Instamart, Zepto, and Flipkart Minute.
- At its 'Sankalp' event, Ola explained its dark store concept, aiming to cut order processing time from four minutes to under one minute using automation.
- The quick commerce sector has become indispensable, with rapid growth since 2021, according to UBS analysts.
- Blinkit has been crucial to Zomato's growth, while Zepto is raising $1 billion, showing strong investor confidence.
- Ola's Bhavish Aggarwal plans to use robots in dark stores, unlike competitors who rely on human labor.
Source: Moneycontrol
Talking product sense with Ridhi
9 min AI interview5 questions
Paani ki tarah paisa bahake market kharaab karna aata hai bas. BC existing products ko inprove kar lo na. Ya koi nayi category invent karo. Koi ek cheez to dhang se kar lo.
In coming day i will heard ola is entering in Ola Airline Ola Caffe Ola Ice Gola Business Ola Rasgulla Ola Hotels
OLA rooms 💋
Expect to see more rowdy delivery drivers on the road. Be prepared to get your expensive cars scratched. I wonder why anyone needs groceries in 5-8mins. We were fine when groceries were bought on weekly basis. It pushed us out of our lazy seats. These quick deliveries are only making us lazy and making delivery boys ride in risky manner.
Tu baitha reh aaram se. Baaki sabko jaldi chahiye. Nobody wants to plan anymore
Capitalism
Ola might just win this by delivering to people even before they can even dream of buying something using AI and his electric spaceship
Soon Tata and Reliance will also join. We will have 10 QC players
Tata is already here with Bigbasket.
Reliance was there, lost the game with Dunzo
Ola is in only 1 business and that is the business of raising Money.
Ola cabs are horrible but no he'll launch Ola money,food delivery,prepaid card, ola electric, Ola maps, AI, cloud and what not.
Bhavish know how to sell stories and he'll keep doing and getting richer.
Make hay while sun shines so use discounts and all for new service but do not bat your money on him.
reentering. let's not forget Ola Dash
How will Ola's use of robots in dark stores impact operational costs and scalability compared to competitors relying on human labor?
OLA going haywire