Indian food delivery giant Swiggy acquires retail logistics startup LYNK
5 Articles
5 Articles
Swiggy acquires retail distribution company Lynk to enter retail market
BusinessOnline food delivery platform Swiggy on Thursday said it has acquired retail distribution company Lynk Logistics Limited for an undisclosed sum to enter the massive retail market.Image for representationOnline food delivery platform Swiggy on Thursday said it has acquired retail distribution company Lynk Logistics Limited for an undisclosed sum to enter the massive retail market. Lynk will continue to operate as an independent business p…
Swiggy To Foray Into Retail Distribution With The Acquisition Of Lynk Logistics
Food delivery giant Swiggy entered India's food and grocery retail market after it signed a definitive agreement to acquire Lynk Logistics Ltd., a tech-led retail distribution platform.Lynk will continue to operate as an independent business and will be led by co-founder and Chief Executive Officer, Shekhar Bhende. It did not comment on how much Lynk was acquired for."With this acquisition, Swiggy enters India’s food and grocery retail market, w…
Swiggy Acquires Retail Distribution Company Lynk To Enter Retail Market
New Delhi, July 13 (IANS) Online food delivery platform Swiggy on Thursday said it has acquired retail distribution company Lynk Logistics Limited for an undisclosed sum to enter the massive retail market. Lynk will continue to operate as an independent business post the acquisition led by Co-founder and CEO, Shekhar Bhende, Swiggy said in a statement. The acquisition will help Swiggy’s entry into the huge retail market with a technology-led dis…
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