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VERIFIEDET Stocks·neutral
Dmart recasts strategy as rapid delivery competition intensifies
AI Summary
- ·DMart is reducing its e-commerce presence by leaving 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 low-cost strategy and delivery times longer than 10 minutes, despite recent earnings performance.