
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
4d ago
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