Zomato is only 7% ahead of Swiggy đ„đ„
Swiggy has pleasantly surprised me.. have to say. I thought they are a far second. What do you think? https://thearcweb.com/article/swiggys-revenues-hit-14-bn-in-fy24-losses-fall-44-RKqwp7rvJZiL2QOu
DaringTrain
Stealth
15 days ago
Meh, misleading news. It's not apples to apples.
Swiggy takes Instamart GMV as it's revenue.
Food delivery market share is 56-44. So, Zomato is 25% larger than Swiggy (in food delivery).
Would be higher in quick commerce.
And it is profitable vs 2350 Cr loss for Swiggy.
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Probably the reason why Zomato is diversifying it's business into entertainment industry. Swiggy seem to be popular in a lot if tier 2 and 3 cities.
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Curated from across