1. Swiggy’s low-cost food app Toing grows close to Zomato with 33 million weekly users

Swiggy’s low-cost food app Toing grows close to Zomato with 33 million weekly users

India

  • Around 33 million people now use Swiggy’s Toing app every week, according to Credit Lyonnais Securities Asia CLSA.
  • Every week, 33 million people use Toing and 35 million use Zomato, leaving a gap of only two million.
  • Toing is a separate Swiggy app that offers lower-priced meals to customers on a budget.
  • Swiggy says most Toing users are either new to its services or returning after a long break.

Source: storyboard18.com

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