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Swiggy's Operating Loss Doubles to $178M Amid Quick Commerce Push

Swiggy's Operating Loss Doubles to $178M Amid Quick Commerce Push
Swiggy's adjusted operating loss (EBITDA) more than doubled to $178 million in the first half of the fiscal year, according to its investor Prosus. The significant loss, which widened from $85 million last year, was primarily driven by aggressive investments and continued spending on scaling its quick commerce arm, Instamart.

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