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Swiggy IPO shines the spotlight on Quick Commerce opportunity

The near-term growth rate of Quick Commerce in India is expected to be 80-100 percent annually for the next two years driven by higher user adoption, geographic expansion, expanding AOVs (Average Order Value), basket size and category expansion

October 01, 2024 / 09:09 IST
That scorching pace of growth has resulted in 90 percent year-over-year growth in gross revenue of Swiggy’s QC business in April-June 2024
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