Quick commerce has a $11.3B funding collapse and 40+ dead startups. Amazon is betting on it anyway. - Silicon Canals
Briefly

Quick commerce has a $11.3B funding collapse and 40+ dead startups. Amazon is betting on it anyway. - Silicon Canals
"Amazon's quick commerce service aims to meet consumer demand for instant fulfillment, but it may have created this demand through aggressive marketing and subsidies."
"In India, quick commerce represents a small fraction of trade, with companies like Blinkit expanding into non-urgent categories to increase order frequency."
"The quick-commerce market in China is valued at $125 billion, with a significant portion of the urban workforce relying on digital platforms for employment."
"Global investment in quick commerce peaked at $11.3 billion in 2021 but has since collapsed, reflecting the sector's economic challenges."
Amazon introduced a 30-minute delivery service in select U.S. locations, complementing one- and three-hour options in many cities. This initiative reflects a renewed focus on quick commerce, a sector with many past failures in the West. The company has experience with ultrafast delivery in India and the UAE, where it has tested 10-minute and 15-minute services. However, quick commerce faces challenges, including manufactured demand and high operational costs, as seen in India's market dynamics and the decline in global investment.
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