Indian retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 51 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 63%

Quick Commerce Noticias

Retail Distributors,Blinkit,All India Consumer Products Distributors Federati

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, Swiggy and...

NEW DELHI - India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, Swiggy and Zepto - for alleged predatory pricing, a letter showed on Sunday.

Zomato's Blinkit, Zepto, and Swiggy, which runs the Instamart delivery service and is backed by SoftBank, did not respond to Reuters queries. "Implement protective measures for traditional distributors and small retailers to safeguard their interests," it urged the Competition Commission of India .Annual sales on Indian quick commerce platforms are set to exceed $6 billion this year, with Blinkit having a nearly 40% market share, while Swiggy and Zepto around 30% each, research firm Datum Intelligence said.

For all his on-set stories of The Godfather, the Oscar-winning actor’s account of his rise to fame is at its most compelling depicting his hardscrabble formative yearsA Clarence mother's 500-mile trek across New York State ended Saturday at Sunset Park. We first introduced you to Debbie Curtis earlier this month and her journey all in honor of her late son Brock.We've seen Tom Brady the GOAT NFL QB. We've seen him have the spotlight on him off the field.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Global Money Is Chasing Indian Stocks Again as Bull Run Extends(Bloomberg) -- Overseas funds are piling money into Indian stocks, marking a strong return to the $5 trillion market after election-related uncertainty...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »