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Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Walmart India spending war
Swiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive delivery speed and discount strategies. Swiggy's CEO believes this approach will retain loyal customers. This decision comes amid intense competition in India's fast-growing quick commerce sector. Investors are seeking a clear path to profitability for Swiggy's Instamart unit.
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economictimes.indiatimes.com
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Walmart India spending war
Swiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive delivery speed and discount strategies.…
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thehindubusinessline.com
Swiggy CEO vows to stay out of Amazon-Walmart India spending war
Swiggy's CEO prioritizes differentiation over spending wars with rivals, focusing on profitability and customer loyalty amidst fierce competition.
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ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha Majety - The Economic Times
Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder…
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Swiggy CEO on quick commerce space; India’s data centre surge
Swiggy group CEO Sriharsha Majety explains the outlook for the quick commerce industry, the shareholder vote hurdle and more, in todays ETtech Top 5.