Quick comm captures nearly half of Kirana sales; mkt to hit $40 bn by 2030

Q: How long will it take to read this news story?

The story "Quick comm captures nearly half of Kirana sales; mkt to hit $40 bn by 2030" has 593 words across 17 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Quick comm captures nearly half of Kirana sales; mkt to hit $40 bn by 2030" was covered 12 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 276 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23574267</li><li>URL: https://beamstart.com/news/quick-comm-captures-nearly-half-17315205978325</li></ul>

Business Standard Logo Business Standard 12h ago

Quick comm captures nearly half of Kirana sales; mkt to hit $40 bn by 2030 - Business Standard

Quick Summary:

As consumer preferences shift towards the convenience of last-minute grocery deliveries, quick commerce companies are outpacing traditional retailers, with 46 per cent of consumers surveyed reporting a cut in purchases from Kirana shops, a report has said.

"Nearly half (46 per cent) of respondents report reduced spending at Kirana shops, indicating a shift in customer behavior towards quick commerce platforms," it noted.

The quick commerce market size is expected to reach USD 40 billion by 2030, a jump from USD 6.1 billion in 2024, according to the report by Datum Intelligence.