Quick commerce cash burn surges as players chase growth
Quick commerce companies face rising cash burn due to aggressive growth strategies, heavy discounts, and high operational ...
Rapido eyes entry into food delivery; to disrupt Swiggy, Zomato's duopoly
It is worth noting that Rapido on behalf of Swiggy already does food delivery, as the latter is an investor in the ride-sharing startup ...
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Fast, but furious: Quick commerce concerns burn billions from Zomato, Swiggy market caps
Zomato and newly-listed Swiggy are betting big on growth through quick-commerce but the spending required to ward off intense competition in the sector is spooking investors and has wiped off ...