India's quick commerce sector made two-thirds of all 2024 e-grocery orders, report says


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FILE PHOTO: Zepto logo is seen on smartphone in front of Blinkit logo in this illustration taken May 2, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - India's quick commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing about five times to $6-7 billion from 2022, a report by consultancy firm Bain and e-commerce giant Flipkart showed.

The industry, which is dominated by the likes of Zomato-owned Blinkit, also accounted for a tenth of overall e-retail dollars spent in 2024, according to the report released on Wednesday.

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