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Indian company Swiggy declines as fast commerce slows

Swiggy, India's rapid delivery and e-commerce services platform, records a stock decline.

Published 15sem1 sourceupdated 2sem
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20s

The fact

The decline is attributed to a general slowdown in India's fast commerce sector and profitability challenges.

The stock reflects investor concerns about the economic viability of the ultra-fast delivery model.

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