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4 days ago · “Swiggy’s core food delivery business GOV grew by double digits on healthy order growth and higher average order value. Operating leverage improved as the business added revenue streams like restaurant advertising and introduced nominal platform fees which supported improved operational profitability,” the Dutch-listed investment firm said in its annual report for the year ended March 2024.
3 days ago · Swiggy One membership too offers free delivery to customers from restaurants under 7km radius on orders above Rs 199 while customers can avail 30 percent extra discount on select restaurants. The membership also allows unlimited free Swiggy Instamart delivery for orders over Rs 99 and a 10 percent instant discount on Genie’s delivery fee
1 day ago · About UTIITSL. UTI Infrastructure Technology And Services Limited (UTIITSL), formerly known as UTI Technology Services Limited (UTITSL), was promoted by the erstwhile UTI and incorporated as a limited company on May 19, 1993 to serve the investors of UTI schemes. Consequent to enactment of the Unit Trust of India (Transfer of Undertaking and ...
4 days ago · Accredited investors can buy pre-IPO stock in companies like Swiggy through EquityZen funds. These investments are made available by existing Swiggy shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc. Accredited investors are then offered the ...
5 days ago · Swiggy’s adjusted EBITDA loss for the year 2023 was $261 million, as opposed to $580 million in 2022. This measure, which takes out costs associated with employee stock options, shows how well Swiggy has managed costs and run its business. In addition, Swiggy’s gross order value increased by 26% and its operational revenues increased by 24% ...
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1 day ago · Unlike competitors like Blinkit and Swiggy Instamart, which deliver in 10 minutes, Reliance will use its store network and warehouses, avoiding the need for extensive dark stores and delivery fleets 0
