Amazon India Set To Roll Out Quick Commerce Service In 2025: Report
Portfolio Pulse from Nivedita Hazra
Amazon India plans to launch a quick commerce service in 2025, aiming to deliver products in under an hour. This move is part of a strategy to compete with local rivals like Flipkart, Zomato's Blinkit, and BigBasket's BB Now. The initiative is led by Nishant Sardana and may involve a potential stake in Swiggy's Instamart.
August 28, 2024 | 10:32 am
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Amazon India is set to launch a quick commerce service in 2025, intensifying competition in the sector. This strategic move could enhance Amazon's market position in India, potentially impacting its stock positively.
Amazon's entry into the quick commerce sector in India is a strategic move to capture market share in a rapidly growing industry. This could lead to increased revenues and market presence, positively impacting AMZN's stock price.
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