Swiggy, Blinkit, Zepto could be in Trouble, Retail Group Demands Investigation From CCI for Low Pricing

In the last few years, the business of quick commerce has grown rapidly in the country. Big companies in this segment, Blinkit, Swiggy and Zepto have allegedly been accused of increasing business by reducing prices. Quick Commerce companies promise to deliver everything from groceries to electronics in as little as 10 minutes. The All India…

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Share of Rs 76 listed at Rs 115

The value of Zomato shares almost doubled in debut trading on Friday. The value of this food delivery firm crossed $1 billion (about Rs 7,450 crore) in the first stock market listing of an Indian startup. Investors showed interest in internet based startups. The reason is that it is these startups that have the potential…

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Swiggy may soon lay off workers

Difficulties are increasing for Swiggy, which delivers food on orders through the app. The company may lay off more than 250 workers this month. In this, workers can be removed from technology, customer service and supply chain divisions. Earlier, Swiggy’s competitor Zomato had removed about three percent of its staff due to poor performance. in…

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