The food delivery company has opened up in its first full-year earnings report, but the outlook is weak once you get past the headline numbers.
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As food delivery plateaus and Instamart bleeds cash, Swiggy is banking on its 10-minute service to revive growth and rewrite its economics.
The decade-old company is reportedly planning to venture into food delivery and fintech. Its no-commission model might just come in handy for its expansion plans.
With the rise of quick-commerce services, some apps now allow users to compare the prices of the same product across platforms.