Swiggy’s Q4 loss widens to Rs 1,081 crore amid heavy quick...

Dununu.com Dununu

Sponsor

Swiggy’s Q4 loss widens to Rs 1,081 crore amid heavy quick commerce investment

RSS Feed Business

Posted

152

Swiggy's net loss nearly doubled to Rs 1,081.18 crore in the March quarter due to heavy investments in Instamart, despite a 45% revenue jump to Rs 4,410 crore. The core food delivery business saw a 17.6% GOV increase, and Instamart's average order value grew by 13.3%. Swiggy is focused on growth and unparalleled convenience to consumers.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

PM Oli calls Madan Bhandari the guiding force behind Nepal’s political progress

KATHMANDU: Prime Minister and CPN-UML Chair KP Sharma Oli on Saturday hailed late leader Madan...

By 0 2

Israeli airstrikes kill 34 in Gaza: Trump eyes truce ‘within a week’; UN aid looted

Israeli airstrikes in Gaza have resulted in the deaths of 34 Palestinians, including displaced...

By 0 2

PM Oli slams ‘selfish elements’ within party

KATHMANDU: Prime Minister and CPN-UML Chair KP Sharma Oli has taken aim at internal dissenters,...

By 0 8

What is common between Sam Altman and Sundar Pichai? Both of them went to...

By 0 17

Voter list revision: Tejashwi Yadav blames PM Modi for 'conspiring to strip Bihar of voting rights'; warns loss of welfare schemes

By 0 19