<ul data-eligibleForWebStory="true"><li>Increased competition in the quick commerce sector, led by online retailers like Amazon and Flipkart, is driving up discounts to record levels.</li><li>As online platforms compete with similar user experiences, pricing has become a crucial factor, resulting in significant discounting and increased cash burn in the industry.</li><li>Average discounts across categories have surged to 20–25% from below 10% two years ago on maximum retail price across various quick commerce platforms such as dairy and groceries.</li><li>The intensifying competition with eight major players in the quick commerce space is cited as the primary reason for the escalating discounting trend.</li></ul>

Qcomm fires up discounts with rivals getting quicker

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