Grocery Delivery | Pixr8 News

27May By AdityaNo Comments

INDIA

JioMart Launched Operation in 200 Indian Cities

Mumbai, May 26, 2020: Reliance online grocery service JioMart launched its delivery services in nearly 200 cities of India. The delivery services of Jiomart was initially launched in Mumbai after receiving big funding from Facebook and four other investors. But as we have checked the website the service is not fully operated, most of the products are out of order. JioMart will use Facebook-owned Whatsapp to make the online retail experience accessible to many more Indians and towns for daily needs order. "Never waste a crisis, they say!" tweeted Damodar Mall, chief executive of grocery retail at the company. "A wise colleague mentioned today, 'Alibaba also flourished starting from the SARS crisis,'" he added. Now JioMart is the only active delivery service in Indian small c...

Grofers Convert 200 stores into its branded outlets

NEW DELHI: Online grocery platform Grofers is working on converting about 200 brick-and-mortar stores into its own branded outlets over the next few months as it looks to expand its business and push its private label of products. The SoftBank-backed company has been working on the business model for the past few months and has already converted about 100 such 'kirana' outlets. "We have converted several grocery stores into our own branded offline stores, around 100 kirana stores in Delhi-NCR have been a part of this effort that started somewhere in November last year. Our target is to have 200 such stores in the coming few months," Grofers Vice-President and Head (Offline Business) Yeshu Bansal told Pixr8 News. Grofers is also keen on expanding this network to southern markets su...

Grocery Delivery Major Grofers Aims to Amass $2.5 billion in Revenue by 2020

The grocery delivery platform Grofers aims to garner $2.5 billion (around Rs 17,500 crore) in revenue by 2020 as it scales up its private label offerings in the country and focusses on expanding repeat purchases in its platform. The company, which has recently completed five years of its operations, has a revenue run rate of $360 million (about Rs 2,500 crore) currently. Grofers co-founder and CEO Albinder Dhindsa said Grofers has been witnessing over 30% month-on-month growth. "While we do not sell gourmet products that usually offer higher margins, we have been able to create a set of dedicated customers that usually promote our brand as well... We will continue to ramp up our business and we aim to clock $2.5 billion revenue by 2020," he said.&nb...