GLOBAL QUICK E-COMMERCE (QUICK COMMERCE) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Quick E-Commerce (Quick Commerce) Market, By Product Type (Food Products, Beverages, Personal Care Products, Household Products, and Others), By Channel (Mobile Apps, Websites, and Telephone), By Location (Metropolitan Areas, Tier 1 Cities, Tier 2 Cities, Rural Areas, and Others), By Order Size (Less than $10, $10-$20, $20-$30, and More than $30), By Delivery Time (10-30 Minutes, 31-60 Minutes, and More than 60 Minutes), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments:

New product launches:

In March 2022, DoorDash announced the launch of an ultra-fast grocery delivery service DashMart in New York City, U.S., providing thousands of grocery items from localized dark stores in under 15 minutes. This expanded DoorDash's quick commerce footprint in a key metro market.
In January 2022, Uber announced the launch of Uber Freight platform in Spain, allowing shippers to tap into thousands of trucking companies to move goods quickly across the country. This supports Uber's expansion into the European on-demand logistics market.
In December 2021, Instacart announced the launch of a new 30-minute delivery option for groceries called Instacart Plus, available to members in certain metro areas for a monthly or annual fee. It enhanced Instacart's competitiveness in the quick commerce space.

Acquisition and partnerships:

In March 2022, DoorDash acquired Wolt in a US$ 8.1 billion deal, expanding its reach into Europe especially key markets like Finland. The acquisition provides DoorDash an established player in the European quick commerce industry.
In August 2021, Uber acquired Drizly for US$ 1.1 billion to integrate the alcohol e-commerce platform into its food delivery and Uber Eats app. The acquisition helps Uber expand into highly lucrative alcohol delivery vertical.
In November 2021, Gopuff acquired rideOS for US$ 115 Mn to leverage its transportation management technology. This allows Gopuff to develop proprietary logistics algorithms to optimize quick deliveries.

Global Quick E-Commerce (Quick Commerce) Market Report Snapshots