CosmicTaco
CosmicTaco

Swiggy Shifts Focus to Profitability and Efficiency

  • Swiggy reports strong growth but signals the end of aggressive expansion with a focus on operational efficiency and profitability.
  • The company reduced its EBITDA loss by 30%, with a substantial increase in adjusted revenue from food delivery and quick commerce.
  • Intent on improving infrastructure leverage, Swiggy plans to scale back new store openings and focus on existing clusters.
  • The food delivery segment shows positive EBITDA margins, with self-serve ad tools and loyalty programs boosting revenue.
  • Swiggy's capital expenditure cycle has peaked, targeting automation and customer retention as key investment areas.

Source: YourStory

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4d ago
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