What's Behind Swiggy's ₹1,197 Crore Loss Despite Record Revenue
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最新报道：Swiggy, India's leading food delivery platform, reported a record revenue of ₹8,265 crore in FY23, marking a 45% year-on-year growth. However, the company also posted a significant loss of ₹1,197 crore, up from ₹1,617 crore in the previous fiscal. The losses were attributed to rising operational costs, including increased spending on discounts, marketing, and employee benefits, as well as investments in expanding its quick-commerce vertical Instamart. Despite the losses, Swiggy remains optimistic about its growth trajectory, backed by strong order volumes and market expansion.
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