“We believe our competitive position in food delivery is durable with no near-term risks to the underlying growth trajectory. We have been agile to evaluate possible opportunities across pricing, formats, and even separate apps to open up the TAM (total addressable market) further while maintaining the economics of the core platform,” Swiggy said in its shareholders’ letter.

“We believe our competitive position in food delivery is durable with no near-term risks to the underlying growth trajectory. We have been agile to evaluate possible opportunities…

Swiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in todays ETtech Top 5.