Instamart CEO sees quick commerce dominate shopping mode in five years

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Quick commerce will be the dominating way people shop online in the next five years, Swiggy Instamart chief executive Amitesh Jha said on Friday.

“The penetration in the market is extremely low, while consumer love is extremely high. So, if you ask me what it’s going to look like five years down the line, I believe it will be the dominating way people buy on the internet as well as outside,” Jha said at the second edition of the Indian Healthy Snacking Summit in New Delhi.

Jha said that companies will eventually determine the path and approach…



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Instamart CEO sees quick commerce dominate shopping mode in five years



Quick commerce will be the dominating way people shop online in the next five years, Swiggy Instamart chief executive Amitesh Jha said on Friday.

“The penetration in the market is extremely low, while consumer love is extremely high. So, if you ask me what it’s going to look like five years down the line, I believe it will be the dominating way people buy on the internet as well as outside,” Jha said at the second edition of the Indian Healthy Snacking Summit in New Delhi.

Jha said that companies will eventually determine the path and approach…



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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