1. Swiggy sees food delivery growth rising to 25-30% on Toing push

Swiggy sees food delivery growth rising to 25-30% on Toing push

Business

  • Swiggy says Toing could push combined food delivery market growth to 25-30%, up from its current 18-20% guidance.
  • • Two in three Toing users are new or long-dormant Swiggy users, while dual-app users order 25% more frequently.
  • Swiggy acknowledges demand shifting from its main app to Toing, but says unit economics are positive for repeat users.

Source: moneycontrol.com

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