Swiggy market debut fuels India’s food, quick commerce wars

Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato. The listing of the 10-year-old Bengaluru-headquartered firm marks […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read more: https://techcrunch.com/2024/11/12/swiggy-debut-fuels-indias-food-quick-commerce-wars/

#Tech #Technology #Innovation #TechNews