Even the largest ultrafast grocers are taking a hit as economic challenges rack the industry. Now, even Turkey-based multibillion-dollar quick-commerce firm Getir, which seemed to have largely escaped the challenges that other players in the space have faced, has been dealt a major blow. On...
Barcelona has become the latest European city to clamp down on dark stores. Last week, PYMNTS reported that the city’s council approved a total ban on the urban distribution hubs that quick commerce firms use to achieve their rapid delivery times. But the Spanish municipality...
For today’s consumer, convenience is often not about geographic proximity but about digital accessibility. As such, leading convenience retailers are in competition not only to get their stores nearest to consumers’ homes but also to provide the most convenient and affordable delivery experience. Noting this...
The global delivery food market has been going through a shakeup this year, one that has been defined by high-profile exits, partnerships and consolidation moves as industry players seek to gain an edge in the fast-growing, competitive European quick commerce market. Two months after announcing...
August 21, 2024
Indian food delivery and quick commerce company Zomato intends to expand its efforts in the business of helping Indian consumers discover and purchase tickets for movies, sports and events. The company plans to do so by acquiring the entertainment ticketing business of Paytm, an Indian payments and financial services distribution company, Zomato said in a […]
April 12, 2022
BNPL solution LazyPay, which is offered by PayU Finance, has announced an extension of its service into the quick-commerce market as it partners with Zepto, a 10-minute grocery delivery platform....
