The Current leaders in Q-commerce (Quick commerce) in India are Zepto, Zomato’s Blinkit, and Swiggy Instamart. India’s quick commerce market is expected to grow significantly, with a projected revenue of $3.34 Billion in 2024. It is predicted to grow from $3.34 Billion in 2024 to $9.95 Billion by 2029. Can Amazon Tez compete with the giants in the current Q-Commerce market?
Amazon is planning to launch Tez by the end of December or at the beginning of 2025. According to the Economic Times report. They are planning after their competitor Flipkart launched Minutes. Flipkart’s 10-minute delivery service focuses on groceries and essentials.
There are some other competitors in the Quick commerce like Tata’s Big Basket has recently switched to the quick commerce. It is taking part in the current Quick Commerce boom and become profitable.
So many startups are becoming profitable in this Quick commerce boom.