Morgan Stanley Raises Q-Comm Market Forecast To $57 Bn

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SUMMARY

Morgan Stanley has pegged the household spending on quick commerce at $1,630 by 2030, and spending by an individual user at $1,000

It expects quick commerce to account for approximately 3.7% (2.5% previously) of the Indian retail market by 2030

The accelerating momentum in quick commerce is giving the tailwind to the surge of Eternal’s Blinkit

The Indian quick commerce market will reach $57 Bn by 2030, according to revised estimates by global brokerage firm Morgan…



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Morgan Stanley Raises Q-Comm Market Forecast To $57 Bn


SUMMARY

Morgan Stanley has pegged the household spending on quick commerce at $1,630 by 2030, and spending by an individual user at $1,000

It expects quick commerce to account for approximately 3.7% (2.5% previously) of the Indian retail market by 2030

The accelerating momentum in quick commerce is giving the tailwind to the surge of Eternal’s Blinkit

The Indian quick commerce market will reach $57 Bn by 2030, according to revised estimates by global brokerage firm Morgan…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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