Hey I am on Medialย โขย 1y
๐ฆ๐๐ถ๐ด๐ด๐'๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐ฝ ๐๐ ๐๐ฟ๐ฎ๐๐ต๐ถ๐ป๐ด ! โข Swiggyโs valuation has fallen below its pre-IPO valuation of $11.3 billion. The current share price is trading at โน340, resulting in a market cap of approx. $9.4 billion. The peak share p
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AI Automation | Grow...ย โขย 11m
Swiggyโs 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 Swiggyโs strategy pay off, or is it a risky bet in an already crowded market? What do you think?
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