Quick-commerce cos unperturbed after Flipkart's entry into 10-min delivery

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

The story "Quick-commerce cos unperturbed after Flipkart&#039;s entry into 10-min delivery" has 816 words across 28 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Quick-commerce cos unperturbed after Flipkart&#039;s entry into 10-min delivery" was covered 7 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 314 news stories per day. It's most recent story was published 3 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: #21957412</li><li>URL: https://beamstart.com/news/quick-commerce-cos-unperturbed-after-1722950823501</li></ul>

Business Standard Logo Business Standard 7h ago

Quick-commerce cos unperturbed after Flipkart's entry into 10-min delivery - Business Standard

Quick Summary:

However, our customers, who value quality of service and reliability, seem to be unaffected and that reflects in our performance of the quarter, where we have grown over 20 per cent without the need to match the spending or subsidies of our competitors,” he added.

Zepto, for instance, saw its market share rise to 28 per cent as of January this year from 24 per cent last year, on the back of strong execution over the last year.

However, it is not as much about market share as it is about being able to build a large profitable business, because the market is large enough to sustain multiple players,” Palicha of Zepto said.EV sales rose 55.