Economy · India
Amazon to Invest $3 Billion in India's Quick-Commerce Sector
Amazon plans to invest $3 billion (approximately ₹25,000 crore) in its India quick-commerce business by 2030. This investment aims to expand its market presence in a sector where it currently holds a 6.2% market share. The company faces significant competition from rivals such as Swiggy and Blinkit, which together dominate approximately 77% of the quick-commerce market in India.
How outlets across the spectrum covered it
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- Centre (2): Mint, The Hindu BusinessLine
- International (1): The Japan Times