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Reliance Retail Struggles with Quick-Commerce Model
- Reliance Retail is struggling to establish a successful quick-commerce model, despite multiple attempts.
- The latest attempt involves a service under JioMart, fulfilling orders in Navi Mumbai and Bengaluru from existing supermarket chains.
- Previous pilots in Mumbai and Bengaluru, involving tie-ups with hyperlocal delivery app Dunzo, failed to scale.
- Challenges include unsustainable unit economics, store suitability for rapid orders, lack of in-house technology, inefficient fulfilment, and high costs.
- The company is yet to devise an effective plan for product delivery in under 30 minutes.
Source: The Arc
2mo ago
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