AI Automation | Grow... • 5d
Swiggy’s valuation drop and rising losses highlight the intense competition in the quick commerce space. While their aggressive expansion of dark stores aims to take on Blinkit and Zepto, is the high burn rate sustainable in the long run? Meanwhile, Zomato remains profitable (though modestly) while Swiggy struggles. Will Swiggy’s strategy pay off, or is it a risky bet in an already crowded market? What do you think?
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