State of Quick Commerce, Q2 2023
The largest segment of India's $800 billion retail business is food. Here are some statistics pertaining to Quick Commerce in India in Q2 2023.
eCommerce
eCommerce has revolutionized the way businesses operate and consumers shop. It has become an integral part of the global economy, providing opportunities for businesses of all sizes to establish an online presence and reach customers beyond geographical boundaries.
Festive Sales 2023 - eCommerce
The online retail market was $52 billion in 2022, which implies that 17% of the year's sales ($9 billion) happened in a single month.