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Why Swiggy is struggling to turn a profit
Original: Why is Swiggy struggling to make a profit? - Indian Startups News 336
Swiggy, one of India's largest food delivery platforms, is facing renewed scrutiny over its inability to post consistent profits despite its dominant market position. Discussion focuses on heavy discounts, high delivery costs, competition with Zomato and quick commerce expansion, all of which keep expenses elevated while margins remain thin. Analysts and commentators are debating whether the company's growth strategy can ever translate into sustainable profitability.
Why now: Ongoing losses at a major listed Indian tech company are prompting investors and commentators to question its business model.
Evidence
- Why is Swiggy struggling to make a profit? - Indian Startups News 336 · Backstage with Millionaires · 175.5K
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