Milestone · Commerce & Consumer Brands
Amazon Now crosses $1 billion annualised gross sales
By Startup Enthusiast ·
- Date
- Company
- Amazon
- What it does
- Quick-commerce delivery of daily essentials
- Kind
- Milestone
- Stage
- growth
- Based in
- Bengaluru
What they do
Amazon Now provides rapid delivery of groceries, personal care, and home products across India
What happened
The service recently surpassed $1 billion in annualised gross sales while operating 750 fulfilment centres
Why it matters
It is currently the fastest-growing business unit for Amazon India despite facing intense quick-commerce competition
The details
- Gross sales on the platform reached an annual run-rate of $1 billion based on recent quarterly performance.
- The service currently handles approximately 700,000 orders every single day.
- Operations run across an infrastructure of more than 750 urban hubs and tiny distribution warehouses.
- The platform offers over one million products for same-day delivery to customers.
- Amazon plans to expand the service to 100 cities by the upcoming Diwali festival.
- The company aims to scale its network to over 300 cities in the future.
The bigger picture
- This milestone was reached just over a year after Amazon entered the quick-commerce market.
- The business has faced recent operational challenges including inventory mismatches and storage issues.
- Amazon Now currently holds a 10% market share by order volume in India.
About the business
- Amazon Now delivers groceries, fruits, vegetables, and frozen food items.
- The platform also stocks personal care, beauty, fashion, and small kitchen appliances.
- It provides millions of additional products through its Prime Delivery service.
- The average order value for the platform is approximately Rs 540.
- The service is available in over 60 cities and towns across India.
What happens next
- Expand to 100 cities by Diwali.
- Scale the delivery network to over 300 cities.
The deal
- Type
- other
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