Quick Commerce Costs a Fortune: Zomato & Swiggy's Billion-Dollar Gamble

Zomato and Swiggy are heavily investing in quick commerce to compete with Zepto, Flipkart, and Amazon. This has led to significant spending and expansion of dark store networks. However, investors are concerned about the impact on profitability and the growth rate of their core food delivery businesses. Since the start of 2025, Swiggy's shares have dropped 37% to Rs 341.40, and Zomato's stock has fallen nearly 22% to Rs 214.70, wiping out billions in market capitalization. Despite the losses, some brokerages remain optimistic about the long-term potential of quick commerce.

 

Source: YourStory, zeebiz