Quick commerce to contribute $1B in GMV during festive season: Shiprocket

Quick Summary:

Shiprocket sees quick commerce and consumer categories to drive festive demand, projecting the Indian e-commerce market to grow 23% to $2 billion in 2024.

Additionally, Shiprocket has improved its recommendation algorithm to match sellers with optimal logistics partners.

Some of the popular export categories include handicrafts, home décor, and fashion.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Quick Policy Demand Shiprocket Season Privacy Global Billion Ecommerce Festive Commerce

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 04:30:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 310 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23097994

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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