Amazon to Expand Quick Comm Network to 1,000 Stores Across 100 Cities
The company aims to add neighborhood warehouses and lift Amazon Now as rivals hold 77% of India’s quick-commerce market, data from Datum Intelligence shows.
- Amazon plans to invest $3 billion in India's quick commerce sector by 2030, aiming to expand its presence in a rapidly growing market, according to two sources with direct knowledge of the plans.
- Domestic giants Blinkit, Swiggy, and IPO-bound Zepto control 77% of the market, while Amazon holds only a 6.2% share, according to Datum Intelligence data.
- The retailer will add small neighbourhood warehouses to its Amazon Now network and deploy AI tools for demand prediction, targeting around 1,300 stores by April next year from around 750 now.
- Amazon India's quick commerce business crossed $1 billion in annualised gross sales over the past three months, "making it the fastest-growing e-commerce business in Amazon India's history," the company said.
- Satish Meena, founder of Datum, noted catching up with rivals will not be easy, while the firm faces tight regulations and a pending antitrust case, which it denies.
12 Articles
12 Articles
Times of India
BizTocAmazon bets $3 billion on India's fast-delivery boom, sources say
Amazon has announced plans to invest $3 billion in its quick commerce business in India by 2030. This investment aims to expand its network of small neighborhood warehouses to improve delivery efficiency. Amazon is focusing on daily essentials rather than one-off purchases in this sector. Current competitors have established loyalty among customers, making competition more challenging for Amazon.
Amazon to expand quick comm network to 1,000 stores across 100 cities
Amazon Now is rapidly expanding its quick commerce services to 100 Indian cities, boosting its micro-fulfillment centers to over 1,000. This strategic move, backed by a significant investment, aims to enhance delivery speed and selection, directly competing with rivals in the fast-paced online grocery market.
Amazon is opening a major new front in the Indian e-commerce market, with the company planning to invest a total of $3 billion by 2030 in order to strengthen its presence in quick commerce. The new strategy comes as deliveries within minutes are steadily gaining ground in India's major cities and [...] The article Amazon chasing lost ground in India with $3 billion investment appeared first in the Free Press.
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