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Aditi

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Medial • 1m

I'm quite excited for swiggy's upcoming IPO - but they recently brought up possible risks that could lead to loss making in their DRHP which I think is quite important to consider: A) Haven't found locations for their dark stores yet and may run into an unanticipated increase in rent and licensing costs B) Have lost upto 38cr in COD related thefts C) A 50% attrition in '24 - which means that 50 of 100 employees have left the company Don't really know how to feel about these especially considering how cut throat competition is - above it all swiggy is still loss making by a huge margin. Source: CNBC

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