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Jha says pressure remains high in quick commers as standalone rivals scale and ecommerce giants test waters, even as Swiggy shifts focus to deepening existing markets ...
Instamart, Swiggy’s quick commerce arm, saw gross order value (GOV) grow 21% year-on-year to Rs 5,655 crore, while operating losses widened to Rs 896 crore, up 181% from Rs 318 crore in Q1 FY25.
Swiggy's net losses ballooned in the April-June quarter despite a rise in revenue. This and more in today's ETtech Top 5.
Explore Commerce's solid Q2 2025 performance with a strategic rebrand, 3% revenue growth, AI-driven innovations, and a focus on B2B growth.
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