India’s quick-commerce challenge beyond groceries
Tech in Asia reports that quick commerce is losing money even as investors keep coming, with backers eyeing retail infrastructure and a chance to own the next big platform.
TLDR
Tech in Asia describes India as hooked on quick grocery deliveries, but cautions that the appeal does not extend as readily to other goods. It reports that investors keep coming despite losses, seeing opportunities in retail infrastructure. The next competitive battle, the outlet says, may be about turning delivery networks into profitable retail channels rather than delivery speed.
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India’s quick-commerce challenge beyond groceries
Tech in Asia reports that quick commerce is losing money even as investors keep coming, with backers eyeing retail infrastructure and a chance to own the next big platform.
TLDR
Tech in Asia describes India as hooked on quick grocery deliveries, but cautions that the appeal does not extend as readily to other goods. It reports that investors keep coming despite losses, seeing opportunities in retail infrastructure. The next competitive battle, the outlet says, may be about turning delivery networks into profitable retail channels rather than delivery speed.