News Summary:
On September 4, 2026, Flipkart’s quick commerce arm, Minutes, scaled to over 1000 dark stores across 120-130 cities, with established locations processing 1000-1500 orders daily, according to a UBS research report. On the same day, a separate UBS report indicated the quick commerce sector is entering a more capital-intensive phase, with platforms like Blinkit and Swiggy Instamart raising their capex guidance per dark store to approximately ₹2.5 crore from an estimated ₹1 crore two years prior. Previously, on September 3, CJ Darcl Logistics partnered with Flipkart and Ekart Express to establish an 80,000 sq ft cross-dock hub in Farrukhnagar, Haryana, designed to support their end-to-end fulfillment operations. Also on September 3, Mivi announced its entry into the smartphone category with "Mivi One," developed through a strategic partnership involving Flipkart, Qualcomm, and Google. Earlier that day, Flipkart and the Bengaluru Traffic Police revealed the results of Gridlock Hackathon 2.0, an AI and machine-learning challenge where 33,600 participants produced over 1100 prototypes to address Bengaluru's traffic and mobility problems.
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