Quick commerce platforms hit record sales during Rakshabandhan celebrations ...Middle East

Economy by : (Business Standard) -
Quick commerce platforms had a field day on the occasion of Rakshabandhan as the nation ditched exhaustive post-office shopping for quick hassle-free deliveries. Blinkit, which holds about 40 per cent share of the quick commerce market, sold about 700 rakhis every minute. "We'll cross all-time high orders in a day on blinkit in a couple of minutes. We also hit highest ever OPM (orders per minute), GMV, chocolate sales and most other metrics today! And at its peak - we hit 693 RPM (Rakhis per minute)," Blinkit CEO and co-founder Albinder Dhindsa wrote on X. Zomato-owned Blinkit on Saturday announced it will take international orders on Blinkit till August 19. "Folks living abroad can now plac

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