Tuesday, 21 January, 2025

Zomato And Swiggy Shares Decline Amid Intensifying Quick Commerce Rivalry

Shares of food delivery giants Zomato and Swiggy have dropped due to increasing competition in the quick commerce segment. Emerging players and aggressive expansion by existing rivals are impacting market dynamics, pressuring profit margins and customer retention. The quick commerce landscape is becoming fiercely contested as companies aim to enhance delivery speeds, diversify offerings, and capture a larger share of the fast-evolving market.