At a time when its rivals have indicated further aggression in the buzzing ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/quick-commerce” target=”_blank”>quick commerce sector, Bengaluru-based rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Swiggy is taking a more calculated approach to expansion. The company said Friday that investments in its quick commerce unit ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/instamart” target=”_blank”>Instamart have peaked, expecting losses to start unwinding. In an interaction with ETtech, Swiggy’s CFO ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/rahul-bothra” target=”_blank”>Rahul Bothra said that store expansion from hereon will be a derivative of growth for the company and not the other way round. He also detailed the rationale behind the company tweaking its guidance for quick…
