The Chonkerton

India's Swiggy posts narrower loss as quick commerce arm hits contribution break-even

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According to Channel NewsAsia, India's Swiggy has posted narrower losses in recent financial results. The company's quick commerce arm—its fast delivery service—has reached contribution break-even, indicating the segment's direct costs are now covered by revenue.

Source: https://www.channelnewsasia.com/business/indias-swiggy-po...

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