Quick Commerce to Go Slow on Expansion, Control Dark Store Count in H2...

Quick commerce companies are expected to slow their expansion and control the number of dark stores in the second half of the year, according to a report by HSBC. The report suggests that while the sector had witnessed rapid growth in recent years, companies are now reassessing their strategies amid increasing competition and regulatory scrutiny. Companies will focus on optimizing their existing operations and enhancing efficiency rather than opening new stores at a rapid pace. The shift reflects the evolving market dynamics in the quick commerce sector.