Friday, 24 March, 2023

Swiggy aims to acquire German retailer Metro business

<p>Swiggy has emerged as one of the potential bidders for German wholesale retailer Metro AG&#39;s India business. At the moment, CP Group and Reliance Retail are the other two potential possibilities for a Metro Cash &amp; Carry takeover. According to reports, Swiggy will benefit from Metro&#39;s extensive retail network and deep connections with FMCG companies, giving it a major sourcing advantage over competitors.</p>