Global purchasing managers have been seeking to de-risk procurement from China for many years. They have been working on this, but post-COVID and due to recent geopolitical challenges, this trend has accelerated.
Can Zomato and Swiggy overcome profitability challenges amidst strong competition?
In QC segment, while each of firms reported more than 2-fold rise in GOV and revenue, Zomato’s QC service Blinkit outshone Swiggy’s Instamart. “Instamart continues