Sorry, I didn't get it. Can someone explain what's the issue?
Swiggy is a dumb business idea. They can make the most efficient algorithms, but at the end of the day, they need to operate on an unrealistic scale to be profitable.
There's not much margin in only deliveries. Not to mention, restaurants are also aware of what a scam Zomato and Swiggy are. Many places are going to be just as successful without Swiggy.
That's such a lucklustre and lazy statement for companies that have joined the hyper local delivery universe in India. Not talking about their profitability as of now. Care to mention what this "scam" is?
Respectfully, I don't think we can have an unbiased discussion because you work for Swiggy.
As for the scam, let me word it better, for a successful place, unless they're sending out a lot of orders with Swiggy or Zomato (which won't be the case for most joints in most places), they're on the short stick. Those who work with Swiggy/Zomato have told me that the policies of both are hurting them, when it comes to discount, Swiggy/Zomato's markup and how they used to handle refunds.
For most chains in most places, walk in business is going to be more profitable. This shrinks the pool of businesses that can use Swiggy/Zomato. I think numbers game is just against them in most places.
I think it's very relevant since most of India doesn't live in T1 cities where Swiggy/Zomato might be worth it for sellers.
I think it's a cycle. The truth behind the sky high salaries was not talent but zero interest rate money.
There is a 3 month probation for these aSde roles
Lol not 3 months, yiu arent even fulltime employee. So based on your perfamce, you would be 3-12 months on contract,
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Have been trying to build sustainable model for highly dynamic trend. Would appreciate any inputs.
What are the stocks you are betting on for next 3 to 5 years and why. Stocks less than 3 years since ipo? Or names you don't hear from big investors.
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Here is the link - https://share.gvine.app/d85jqVYD85t9hqCSA
I made that post on a whim. I added this here just to let you know that i have SKIN IN THE GAME. I know the ***t i am talking about and i am not going to be just blabbering. ...
