Business
from24/7 Wall St.
3 days agoAlibaba Price Target Slashed to $170 as Heavy AI Spending Drags Profits Down 67%
Alibaba's stock is down nearly 15% in the past month, but analysts see potential upside with a target of $170.
#quick-commerce
#quick-commerce
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fromHarvard Business Review
1 week agoWhy Companies Don't Compete in the Middle Market
By 2019, it was operating in eight Indian metros, and by August 2021, it had expanded into quick commerce, launching Dunzo Daily to deliver essentials in 19 minutes or less. Customers liked the convenience that Dunzo provided, investors loved its growth, and the phrase 'Dunzo it' became a common idiom in India akin to 'Google it' in the U.S.
Startup companies
Startup companies
fromTechCrunch
3 weeks agoIndia's Pronto formalizes house help as its valuation jumps 8 in under a year | TechCrunch
Pronto, a Bengaluru-based startup, digitizes India's informal domestic help market by offering on-demand, trained professionals for household chores with rapid dispatch and structured employment.
fromTechCrunch
2 months agoEternal CEO Deepinder Goyal hands over reins to Blinkit chief as quick commerce takes off | TechCrunch
Deepinder Goyal, the co-founder and CEO of food delivery service Zomato and its parent Eternal, is stepping down from his role and handing the top job to Albinder Dhindsa, the CEO of its quick-commerce division Blinkit. Goyal on Wednesday said he would remain on Eternal's board as vice chairman as he shifts focus to "higher-risk exploration and experimentation," which he says may be harder to pursue within the constraints of a listed company.
Startup companies
E-Commerce
fromTechCrunch
3 months agoAmazon now offers same-day delivery of perishable groceries in 2,300 US cities | TechCrunch
Amazon's Same-Day Delivery now offers fresh groceries in over 2,300 U.S. cities, expanding quick-commerce presence and integrating Whole Foods items with temperature-controlled fulfillment.
fromTechCrunch
7 months agoNigerian profitable food delivery Chowdeck lands $9M from Novastar, Y Combinator | TechCrunch
Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana.
E-Commerce
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