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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.
CABO CAÑAVERAL, Florida, EE.UU. (AP) — SpaceX dejó a una nueva tripulación en la Estación Espacial Internacional el sábado ...
Bengaluru's autorickshaw fares increased on August 1, with the base fare rising to Rs 36 for the first two kilometers and Rs ...
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 ...
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
E-commerce giant Swiggy is re-evaluating its investment quantum in Rapido given its reported entry in the food delivery ...
Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...
Swiggy, the food delivery and quick-commerce platform, has confirmed the intent to re-evaluate its stake in Rapido. The move is driven by Rapido's foray into food delivery. The decision comes as ...
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NDTV Profit on MSNSwiggy Confirms Rapido Stake Re-Evaluation Amid Intensifying CompetitionThis decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
June, up from ₹374 crore a year ago. But its losses also shot up to ₹797 crore, compared to ₹280 crore last year. This steep ...
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