US EditionAmazon's quick commerce foray: Should Zomato and Swiggy investors worry amid rising competition?
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Amazon's quick commerce foray: Should Zomato and Swiggy investors worry amid rising competition?
Source: Live Mint First Rapido, and now Amazon — the competition is intensifying for listed food-tech players like Zomato and Swiggy. For the second month in a row, new entrants are making bold moves into their turf. Amazon is now trying to get its share of the quick commerce (QC) pie, with the launch of its services under the brand ‘Now’ in parts of Bengaluru, making the QC market a contest among at least seven large players. The initial rea…
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