More Q commerce and this one by The Ken actually neatly summarises each and every player including the three incumbents, Zepto, Blinkit Swiggy , all doing exceedingly good numbers. Where is Amazon India? Lagging behind (& losing their own market share in certain categories) as they got it horribly wrong like Walmart Owned Flipkart and Tata Group owned bigbasket.com. Why? Well, they are corporate and don't disrupt themselves easily. They need startups to do it for them and then, either they acquire (difficult here) or enter markets created! And, Reliance Industries Limited's Jiomart? Got it wrong again with all their attempts only to launch q commerce very soon. And surprisingly, our serial business taxi company, Ola looking to re-enter — never mind that all their attempts in various ancillary things failed and shut. Moral: Don't underestimate or negate David's and new players with fresh idea and blitzkrieg execution (Zepto). Give them a fair chance unless you wish to eat humble pie. And, also don't undermine consumers - if they get what they 'need', no reason for them to shun a service. Good read and free (https://lnkd.in/gwePwvem) for armchair LinkedIn people in the habit of having 'opinions'. Please only comment if you have seen data, numbers, unit economics or have clients in the space who work with these Q commerce platforms. P.S: Zepto is raising another $310 mn at a $5Bn valuation (up 40% from June) 🤠...go on bash them more: https://lnkd.in/gGG7ySTA
Fazlur Shah
4mo
Amit Gupta: this is actually huge doing a $310 million round after the recent $665 million round.
Anil Kamath, CFA
4mo
Amit Gupta Good read and free --- article behind paywall! Keen to see what is the true bottom line profitability trend (not the adjusted one) of these incumbents. I have no data so cant really comment but any valuation bump up of 40% in 6 months is kind of hard to digest. We have seen what happened in the so called ed-tech space mania with such valuation bump-ups.
Sumeet Kumar
4mo
As per 'that article' by the ken, Dilli based startups are more into profit and real 'dhandha' meaning profit than those in Bangalore. So the profitable companies may have a different idea than a company that is moving to Bangalore.
Ankit Uttam
4mo
It's crazy - 40% up in just one month
Design Thinking for making Marketing Customer Centric|Coalescing Brand and Performance for Customer Lead Business Growth| MarTech and Adtech Expertise to evangelise Customer Journey |Data Intelligence |@IIMB|@MIT
4moMy Thoughts:- If the assumption in here is that all the Org's mentioned Amazon Flipkart Swiggy Blinkit Zepto are bracketed as #Logistics company where quantum of deliveries matters across categories then possibly the assumption holds true. But if that was the case then #Retailers were never ever players in the entire food-chain of Considerations by customers , is it a fair assumption? But having said that if they are Retailers and are Brands in itself , then doesn't it depend Retailers are segmented basis Categories play which becomes their nichè. Are we here getting in here into oddity of @BigBazaar proportion ( which bracketed Indian Customers as Price Sensitive hence a store house for all categories of product) and in here what matters is not the Category but rather fastest finger first. is it again fast turning to be a classical case of Homogenising all Customers as 1 segment of Hierarchical clustering?