Bigbasket retracting from the Jaipur..

- BigBasket plans to pivot entirely to quick commerce, offering only 10-30 minute deliveries - Move aims to capitalize on growing 10-15 minute grocery delivery market - BB Now already contributes over 50% of BigBasket's total revenue - Company targeting $1.5 billion in sales this fiscal year, with quick commerce expected to make up 60% - Shift comes as BigBasket eyes IPO in 2025 and aims for profitability Source: [Entrackr](https://entrackr.com/2024/08/bigbasket-to-completely-pivot-quick-commerce/)

- Blinkit has expanded at the expense of modern retail stores and e-commerce platforms, not traditional kirana shops, according to CEO Albinder Dhindsa. - Quick commerce has shifted non-grocery use cases from e-commerce to faster delivery services, but it can't compete with kirana shops on price and selection. - Blinkit plans to open 2,000 dark stores by 2026, focusing on India's top 10 cities, while rivals like Zepto and Swiggy Instamart also expand. - Blinkit’s revenue rose 145% to Rs 942 crore in the latest quarter, with a significant reduction in EBITDA losses. - Competitors like Swiggy Instamart and Flipkart are also making moves in the quick-commerce space, with varying degrees of financial success. Source: The Arc

Can anyone confirm. Reliance Retail laying of 80% workforce from JioMart.

https://economictimes.indiatimes.com/tech/technology/non-grocery-items-deliver-bright-growth-to-dark-stores/articleshow/109226337.cms

Flipkart is trying to enter two different market segments at the same time: Quick Commerce and UPI. There are already proven players in the space and it isn't possible to enter these segments without loads of investment. I wonder what Flipkarts game plan is and how it is going to execute it

How important is Blinkit to Zomato? How long will the 10 min delivery burn games go on for? Any insider POVs?