Multinational consumer goods companies Unilever and L'Oréal are witnessing strong growth on e-commerce platforms in many markets, with India emerging as a standout performer.

Unilever and L'Oréal, in their earnings calls for the September quarter, reported a doubling of their sales, helped by hyper-local delivery platforms that are growing rapidly in the country.

French beauty major L’Oréal’s CEO Nicolas Hieronimus, who was in India earlier this month, said quick-commerce or traditional e-commerce platforms in the country are a game changer, helping to penetrate much faster with new products or continuing to animate existing brand." “We were talking about the US, but 10 days ago, I was in India, where it’s clearly a game changer for us because whether it’s quick commerce or the tradition

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