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Quick commerce companies are halting the expansion of dark stores to manage cash burn, renegotiating lease agreements for these mini-warehouses.
Happy Monday! Amid rising cash burn, quick commerce firms are pausing expansion of their dark store network. This and more in ...
Average per-order payouts in quick commerce have dropped by as much as 40 percent over the last year, falling from Rs 34–Rs ...
While Swiggy CEO Sriharsha Majety says Instamart has moved beyond food delivery's shadow, the key question is: When will it ...
Swiggy holds about a 12% minority stake in Rapido, and has acknowledged its entry into the food delivery space as a potential conflict of interest.
Salman Khan's bodyguard, Shera, made his acting debut in a Swiggy Instamart advertisement for Rakhi, marking his first ...
While Swiggy has laid out a series of steps to improve profitability, the high cash burn indicates that these measures may ...
Swiggy share price has remained flat in one month, but rallied 25% in the past three months. The stock has fallen 9% in six ...
Swiggy’s planned exit from Rapido is being seen as a strategic reset to avoid future conflict of interest, as Rapido enters food delivery. Analysts view it as a smart move that sharpens Swiggy’s focus ...
The company’s revenue grew, but so did its losses. The Bengaluru-based food delivery giant saw its operating revenue jump 54% ...
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
In Today’s Tech3 from Moneycontrol, Apple braces for a $1.1B tariff hit as Trump turns up the heat, even as iPhone sales ...
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