Swiggy Pushes Back Against Market Share Claims On Instamart
Swiggy says that it has received a confirmation from RedSeer confirming that no data or analysis has been shared by Redseer in relation to the media report
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Kirana Stores’ Market Share Gradually Shifting To Quick Commerce: Report
- by BW Retail World Bureau
- November 20, 2024
A report reveals that Kirana stores’ market share fell from 95 per cent in 2018 to 92.6 per cent in 2023
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Scuzo Ice ‘O’ Magic Eyes 40% Market Share In Pune’s Natural Dessert Sector
- by BW Retail World Bureau
- October 8, 2024
As part of its expansion strategy, Scuzo Ice ‘O’ Magic envisions the establishment of an additional 20 outlets in Pune by March 2025
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ASUS Eyes 30% Market Share In India With Aggressive Retail Expansion
- by BW Retail World Bureau
- September 30, 2024
With a goal to dominate India’s PC market, ASUS plans a rapid expansion into 600 districts within two years ASUS is setting its sights on becoming the top personal computer brand in India, targeting a market share of 25-30 per cent over the next two years. Arnold Su, Vice President of Consumer & Gaming PC, […]
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Maker of Wai Wai Noodles, Plans IPO To Fuel Expansion In India
- by BW Retail World Bureau
- April 15, 2024
Binod Chaudhary, the Nepalese billionaire behind the renowned Wai Wai brand of instant noodles, is eyeing a significant move in the Indian market. His conglomerate, Chaudhary Group’s (CG) food unit in India, CG Foods India, is gearing up for a potential listing by 2026, marking a milestone in the company’s expansion strategy. Based in Gurgaon, […]
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Apple Smartphone Shipments Drop 10% In Q1 2024, Samsung Reclaims Top Spot
- by BW Retail World Bureau
- April 15, 2024
In the first quarter of 2024, Apple experienced a decline of approximately 10 per cent in smartphone shipments, as revealed by data from research firm IDC. This setback was attributed to heightened competition from Android smartphone manufacturers vying for the top position. While global smartphone shipments increased by 7.8 per cent to reach 289.4 million […]
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Maruti Suzuki Hikes Prices Again, Swift Up By Rs 25,000, Grand Vitara Variant By Rs 19,000
- by BW Retail World Bureau
- April 11, 2024
Maruti Suzuki has increased the prices of its highest-selling car Swift and selected variants of the Grand Vitara with effect from April 10, stated a release by the company. According to the company’s announcement, the prices of Swift have been increased by up to Rs 25,000, while the Sigma variant of the Grand Vitara witnessed […]
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Blue Star Invests Rs 250 Cr To Ramp Up Room AC Production
- by BW Retail World Bureau
- March 15, 2024
Blue Star, a leading home appliances company, has announced plans to invest Rs 250 crore in the next financial year to enhance the manufacturing capacity of room air conditioners at its Sri City facility in Andhra Pradesh. Currently, the company boasts a production capacity of 10 lakh room air conditioners across its manufacturing units, including […]
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Myntra Secures Fresh Funding Of $54 Mn From Flipkart Amidst Market Competition
- by BW Retail World Bureau
- March 2, 2024
Myntra has received a significant investment of USD 54 million from its parent company, Flipkart. The injection of funds comes at a critical juncture for Myntra, as it faces intensified rivalry from competitors such as Reliance’s Ajio and Tata Cliq. The funding was disclosed through regulatory filings in Singapore and is the second such major […]
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Zara Owner Bets On Lefties Growth To Compete With Shein
- by BW Retail World Bureau
- February 23, 2024
The owner of Zara, Inditex, a fast fashion company globally, is expanding its low-cost brand Lefties to compete with Chinese-founded rival Shein. Shein’s rapid growth, as an online marketplace with no physical stores, has created challenges for traditional retailers like Inditex and H&M due to its competitive budget prices. While Zara has faced pressure on […]