Quick commerce and food delivery player Swiggy saw its losses surge by 39% year-on-year (YoY) in Q3 FY25, bogged down by rapid expansion in the hotly contested quick commerce segment, along with a ...
Swiggy attributes this activity to the heightened competitive intensity in the current market. Further, Instamart CEO Amitesh Jha added that customer acquisition cost and retention variables ...
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