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Zomato has an edge over Swiggy. Here's why

Daybreak

00:00

Introduction

Kotak Institutional Equities released a note and it turns out that Zumato has managed to maintain its lead over Swiggy with a 55% market share in the year 2022. The gross merchandise value for its food delivery business came in at $3.2 billion, up by 26%. Over the last couple of years, it's been eliminating distractions and focusing more sharply on its core business.

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