Will quick commerce ever be profitable, and if so, how? | Nuts and Bolts скачать в хорошем качестве

Will quick commerce ever be profitable, and if so, how? | Nuts and Bolts

After raising millions through 2021 and early 2022 it might seem as though the quick commerce bubble has popped with several companies folding up, sacking staff or being acquired. 2021 saw a flurry of such startups raise millions in investment. Zepto, founded by two 19-year-old Stanford dropouts emerged as the poster boy of quick commerce. 2022 saw a wave of consolidation in the quick commerce sector as the bigger players gobbled up the smaller competition. Blinkit, for example, was bought over by Zomato. And Dunzo sold a 25.8 percent stake to Reliance. Meanwhile, OlaDash folded up. Come 2023 and there are more casualties. Reliance, which swims in pools of cash, decided to shut down JioMart Express. So can quick commerce companies ever be profitable and if so, how? Varsha Meghani, Principal Correspondent, Forbes India, brings you the answers. Subscribe to the channel -    / forbesindia   For more Forbes India videos, click here: https://www.forbesindia.com/multimedia/ Follow Forbes India on... Facebook -   / forbesindia   Twitter -   / forbes_india   Instagram -   / forbesindia   LinkedIn -   / forbes-india   Telegram - https://web.telegram.org/?legacy=1#/i... Koo - https://www.kooapp.com/profile/Forbes...