India
Walmart-owned Flipkart, Amazon are squeezing India’s quick commerce startups
✦ AI Brief
India's quick commerce market is booming with demand more than doubling for some players. Flipkart, one of India's largest e-commerce players, has entered the market later than local rivals but has now crossed over 800 dark stores and is looking to double that number. The expansion comes as the sector enters a more intense phase of competition, with companies reassessing strategy amid rising competition and costs.