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Swiggy to invest USD 700 million in express grocery delivery service as quick commerce competition intensifies

India’s quick commerce sector is set to reach USD 300 million by the end of 2021 and hit USD 5 billion by 2025.

3 mins read
  • The food delivery giant plans to shift operations to the retail sector as its food delivery business slows.

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    Meituan reports its largest ever quarterly loss after the antitrust crackdown

    2 mins read

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