Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 71)
71.
Which Indian quick commerce startup became the world's second most downloaded food and drink app in 2024?
Answer: Option
Explanation:
Zepto, India's quick commerce startup, secured the second position globally in the food and drink app category, surpassing major brands like KFC and Domino’s, according to Sensor Tower. McDonald’s ranked first, while Zepto’s competitors, Blinkit, Zomato, and Swiggy, also made it into the top 10. Zepto experienced a 300% growth in downloads in the latter half of 2024, driven by strategic innovations such as the "Buy Now, Pay Later" feature. This milestone highlights the rapid expansion of India’s quick commerce sector, with increasing consumer adoption of fast delivery services.
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