Quick Commerce Sector: 10 Minutes to Deliver. Profits Still on the Way
Food delivery platforms built the sector's foundations pre-Covid on an asset-light, commission-based model focused on GMV growth. The pandemic triggered an unprecedented acceleration but also a fundamental shift in business model — quick commerce emerged as a distinct category, with a wave of new entrants raising mega-rounds in 2021 on a"scale first, profit later" thesis, betting that owned dark store networks would prove impossible to dislodge. |