StackLeaf
← Back to feed
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.
Read original →