I think both Zomato and Swiggy will keep doing well in any consumer shopping opportunities that open up. QC isn't the end of it. Like other big techs in the US eventually encompassed multiple things in their growing years
I hope they head in the Amazon direction, it'll be nice
Heard Amazon India is coming with its own quick commerce. It will get interesting pretty soon.
But they're way too behind now Could just go how it's going with Flipkart Minutes, don't feel theres major impact
They are Fundraising so that they can buyback from foreign shareholders and increase their domestic shareholding to 51%. By doing this, they would be allowed to have their own QC inventory by regulation.
That's an interesting take
Thanks again for the source. KEN ka subscription justified nahin lagta abb. Once in a blue moon, they have these golden snippets. Made a bit of money on a nondescript wagon manufacturer based on a Ken article. But those articles are very few.
Perfect example of 'feeding into our mindspace' - I mean really, how does this hype and commentary on who is big, what's their reserves even matter?
I think in this bear market, to be able to raise like this, says something about how much investors believe in them & the model https://thearcweb.com/article/zepto-quick-commerce-aadit-palicha-blinkit-swiggy-flipkart-if07YMNjRHiOjmFA
While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this
Profits aren't coming, money is flowing Don't know what the VCs are seeking? Why bake a a pie that you can't eat later?
Food tech market is 50B+ ( duopoly)
Most of my friends use swiggy for everything like food, groceries and dine out.
They say Zomato sucks in ui ux and 3rd grade restaurants are there at Zomato, swiggy is better at offers and quality re...
