Shortage of delivery partners due to their high demand in quick commerce

The quick commerce industry in the country is growing rapidly and major players such as Zepto, Zomato’s Blinkit and Swiggy Instamart are facing competition from emerging players. Ine- the past a few months, these players are trying to increase both the market share and the number of dark stores.

All brokerages acknowledged the rising competitive heat in quick commerce after Eternal (formerly Zomato) announced that its food delivery gross order value declined (1.4% sequentially) also due to temporary shortage of delivery partners due to high demand in quick commerce.