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Your Swiggy, Zomato orders may get costlier as fuel prices rise
Fuel price hikes may impact food delivery and quick commerce firms Eternal and Swiggy. Elara Capital reports a manageable near-term cost pressure. Gig workers might seek higher payouts. The impact on earnings is expected to stay under control. Companies may share the burden through customer charges, absorption, and delivery partner economics.
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economictimes.indiatimes.com
Your Swiggy, Zomato orders may get costlier as fuel prices rise
Fuel price hikes may impact food delivery and quick commerce firms Eternal and Swiggy. Elara Capital reports a manageable near-term cost pressure. Gig workers might seek higher…
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thehindubusinessline.com
Fuel price hike may create near-term pressure on food and quick commerce deliveries: Report
Elara Capital report flags limited near-term hit on earnings even as per-order fuel burden rises in worst-case scenario