India’s e-retail market to reach $160 bn by 2028: Report
Presently, online spending constitutes only 5-6% of total retail spending in India, in stark contrast to the U.S., where it comprises 23-24%, and China, where it is 35%.
Presently, online spending constitutes only 5-6% of total retail spending in India, in stark contrast to the U.S., where it comprises 23-24%, and China, where it is 35%.
Most leading Q-commerce players have a negative EBITDA, while offline grocers have a positive EBITDA of 5 to 8%, says McKinsey
New players like Zepto along with biggies such as Blinkit, Swiggy and Dunzo are ramping up operations with micro warehouses and under 30-minute deliveries. Will their gamble work?