CosmicTaco

Amazon's Missteps in India's Quick-Commerce Market

CosmicTaco · 2024-08-09T12:30:11.378855+05:30

- Amazon's decision to not enter India's quick-commerce market is proving costly as firms like Blinkit, Zepto, and Instamart thrive. - Quick-commerce in India is growing at over 125%, while traditional e-commerce growth lags at 11-12%. - Amazon's rival, Flipkart, has launched its own quick-commerce service, Flipkart Minutes, to capture urban market share. - Analysts suggest Amazon's focus has shifted to its cloud business, with $12.7 billion earmarked for AWS operations in India. - Regulatory challenges and strategic missteps have hindered Amazon's growth, allowing competitors to outpace the e-commerce giant. Source: [Techcrunch](https://techcrunch.com/2024/08/08/amazon-is-fumbling-in-india/)

Amazon's decision to not enter India's quick-commerce market is proving costly as firms like Blinkit, Zepto, and Instamart thrive.
Quick-commerce in India is growing at over 125%, while traditional e-commerce growth lags at 11-12%.
Amazon's rival, Flipkart, has launched its own quick-commerce service, Flipkart Minutes, to capture urban market share.
Analysts suggest Amazon's focus has shifted to its cloud business, with $12.7 billion earmarked for AWS operations in India.
Regulatory challenges and strategic missteps have hindered Amazon's growth, allowing competitors to outpace the e-commerce giant.

Source: Techcrunch

16mo ago