The brief
- Amazon Now has around 800 micro-fulfilment centres, up from 100 a year ago
- Daily orders are rising 20% month on month
- Amazon’s expansion raises competitive pressure on Indian quick-commerce players such as Swiggy
- SBI Mutual Fund buys ₹300 crore of Swiggy shares, taking stake above 5%
- Telangana suspends licences of Swiggy Instamart, Flipkart, Zepto dark stores over food safety violations
- How Swiggy Is Using AI Agents To Take Commerce Beyond Its App
- ITC, Swiggy, Eternal, HUL, Dabur, Marico shares: BNP Paribas sees up to 47% upside; target prices
- Trade Spotlight: How should you trade LIC Housing Finance, IREDA, Mahindra and Mahindra, Swiggy, Zydus Lifesciences, SAIL, and others on September 29?
Amazon's quick-commerce expansion in India
Amazon plans to invest $3 billion in its Indian quick-commerce business by 2030, expanding its stores and product selection. The reports identify Blinkit in connection with the plan.
Thursday, 1 October
- Amazon Now reaches 120 cities, targets 300 by end-2026