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VERIFIEDET Markets·neutral

Dmart recasts strategy as rapid delivery competition intensifies

AI Summary
  • ·DMart is reducing its e-commerce presence by exiting certain cities to concentrate on metropolitan areas.
  • ·The retailer faces increased competition from players like Amazon, Flipkart, Zepto, and Swiggy.
  • ·DMart continues to adhere to its cost-effective model and delivery times exceeding 10 minutes, despite subdued financial results.
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