Flipkart Minutes, launched in August 2024, has rapidly grown to deliver about 1.1 to 1.2 million orders daily, closing in on Swiggy Instamart's 1.4 million orders. Flipkart expanded its micro-fulfillment centers from 340 to over 1,000 in a year, improving delivery speed to 11 minutes. The service benefits from Flipkart's large existing customer base, with 65-70% repeat buyers and rising order frequency. This growth reflects the increasing importance of quick commerce in India, as Amazon and other rivals also expand their instant delivery services to capture consumer demand for faster shopping experiences.
U.S. refiners like Valero and Walmart currently show strong fundamentals but are overvalued, making them risky for long-term investors. Refiners benefit from high margins due to geopolitical issues, but these earnings may not last, risking sharp decl...
Retail sales in the U.S. posted their largest increase since the U.S.-Iran conflict, suggesting the end of the so-called 'Vibecession'—a period where consumer sentiment was weak despite strong economic data. Core goods, which make up 19.3% of the Con...
Amazon plans to spend $6.8 billion expanding its same-day delivery hubs from 85 to over 1,000 by 2031, aiming to place fast-moving inventory within 10 miles of 80% of U.S. Prime members. This move targets Walmart's advantage of having 5,000 stores th...
