India's Swiggy posts narrower loss as quick commerce arm hits contribution break-even
saas
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...
Listen to this story
Hear this and more stories in a personalized audio briefing.
Open The Chonkerton