Q-Commerce (quick commerce), will be the fastest growing sector of e-commerce, Sacha Michaud, co-founder of Glovo, one of Europe's leading technology companies, said on the air of "Business Morning".
"Ten years ago, I would be glad if I received the order in ten days. Five years ago, this period was diminished to one week, while in the past few years it was reduced to 48 hours and then to 24 hours. Glovo delivers the order in half an hour - that's what quick commerce is all about. Obviously, e-commerce will always exist, especially when you order an item from a long distance, but sometimes you want to receive the item instantly," said Sacha Michaud.
Glovo appeared in Georgia in 2018 and since then, it has gained leadership in the market. Today, the company employs sixty office workers and several thousand glovo distributors.