Flipkart Minutes eyes profitability, higher order value via broader product mix

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Flipkart Minutes, the quick commerce arm of Walmart-owned Flipkart, is looking to drive higher average order values (AOVs) and profitability by tapping into the parent platform’s wider product catalogue, two senior company executives told ETtech.

The service currently operates 400 dark stores across 17 cities, and aims to scale that to 800 by the end of this year, as Flipkart group CEO Kalyan Krishnamurthy indicated in April. “Every category on the Flipkart Minutes is capable of being delivered within 10 minutes,” said Kabeer Biswas, vice…



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Flipkart Minutes eyes profitability, higher order value via broader product mix


Flipkart Minutes, the quick commerce arm of Walmart-owned Flipkart, is looking to drive higher average order values (AOVs) and profitability by tapping into the parent platform’s wider product catalogue, two senior company executives told ETtech.

The service currently operates 400 dark stores across 17 cities, and aims to scale that to 800 by the end of this year, as Flipkart group CEO Kalyan Krishnamurthy indicated in April. “Every category on the Flipkart Minutes is capable of being delivered within 10 minutes,” said Kabeer Biswas, vice…



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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