Page 5 - Online Grocery

Online grocery to grow 8 times in 5 years in India, JioMart big gainer

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a potential to disrupt the space, the next big thing is delivery of groceries online

Online retail majors focus on sprawling small retailer base to boost reach

Small retailers are chary about integrating digitally with larger players on grounds that it will give them access to their customer bases

A path towards profitability: Online retail buys into private labels

Growing demand for value-for-money products and higher margins make this a profitable growth option

Explained: How Covid-19 pandemic has changed shopping on BigBasket

Online grocer BigBasket saw huge expansion on the back of lockdown restrictions but it had to first cope with logistics and back-end services to stay on course

Covid-19 impact: E-grocery to grow at a much faster rate beyond 2020

Likely to become $18-billion market by 2024 with Tatas, Reliance throwing their hats in the ring

India's favourite dish: A Biryani ordered per second, on Swiggy in 2020

The order analysis is based on millions of orders received by Swiggy

Grofers eyeing 4-fold rise in gross merchandise value at Rs 30K-cr by 2022

The company is adding one-two new cities every month to sell groceries and expecting to to expand its services to over 50 cities by June 2021 from 27 at present.

Instacart taps Goldman Sachs to lead IPO at $30 billion valuation: Report

Instacart has picked Goldman Sachs to lead its IPO, which could come early next year and value the US grocery delivery app at around $30 billion, people familiar with the matter said

A bigger basket: Hari Menon needs serious money to stay in the game

If the start-up becomes part of the Tata group's investment basket, it may be well placed to take on the challenge

Tata Group to buy majority stake in BigBasket for about $1 billion: Report

BigBasket is in advanced talks to sell a majority stake for about $1 billion to Tata Group

FreshToHome raises $121 mn from global investors in Series C round

Funding touted as largest in India's consumer tech segment; led by Investment Corporation of Dubai

Local kiranas hop on to digital bandwagon to manage their daily business

Start-ups such as Max Wholesale, Jumbotail and ShopKirana are helping them place orders, maintain inventory, optimise delivery routes and make payments, all digitally

'Dukaan tech' start-ups help kirana stores and small traders go online

They are deploying easy-to-use platforms for SMBs, helping them go online in as little as 30 seconds

Online grocery segment to touch $3 billion by year-end: Report

COVID-19 induced tailwinds, coupled with participation from large conglomerates like Reliance are expected to drive growth in the online grocery segment in India

Warehousing demand may rise as e-comm firms target same-day delivery

The demand is likely to be for warehousing of 5000-10,000 sq ft size, property consultant Colliers International said

Amazon posts record Q2 earnings as online sales soar 48% amid Covid-19

Rival brick-and-mortar retailers shut stores in lockdowns for coronavirus, as Amazon hired 175,000 people and saw demand for its services soar

Flipkart starts hyperlocal quick service enabling delivery in 90 minutes

Online grocery delivery has also gained significant traction amid the Covid-19 pandemic and with the entry of JioMart in the segment, the competition is set to intensify further

RWAs: The powerful new link in the supply chain during the pandemic

The pandemic has changed the way we shop and consume, resulting in new power centres

Online grocers see uptick in orders amid localised lockdowns in many states

Grocers see momentum in orders of fruits, vegetables & staples as people avoid stepping out in containment zones

Indian e-com to grow 27% annually; RIL to dominate online grocery: Goldman

Online penetration of retail is expected to reach 10.7 per cent by 2024, versus 4.7 per cent in 2019