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Swiggy market debut fuels India’s food, quick commerce wars

Published 1 year, 3 months ago
Description

Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato.

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