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Flush with funds, qcoms eye expansion

Business Standard

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December 04, 2024

Flush with funds and amid intensifying competition in the sector, quick commerce (qcom) companies like Swiggy Instamart, Zomato-owned Blinkit, and Zepto, have shifted into expansion mode.

- ARYAMAN GUPTA

While announcing its September-quarter results, management at Swiggy said its growth strategy for Instamart is based on hyperlocal expansion—same store growth and densification in existing cities, and geographic expansion—launching new cities.

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