Where does Zepto’s GOV stand in front of rivals?

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Quick commerce platform Zepto’s gross order value (GOV) will cross Rs 2,400 crore this month, up a whopping 220% from about Rs 750 crore in May 2024, its cofounder and chief executive Aadit Palicha said in a LinkedIn post on Sunday.

This represents an annualised gross sales run rate of around $3.4 billion, or around Rs 28,800 crore, which could be higher than rival Swiggy Instamart.

Palicha had last month said the Bengaluru-based company’s annualised GOV run rate is expected to cross $4 billion soon.

So, where does it stand compared to its key…



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Where does Zepto’s GOV stand in front of rivals?


Quick commerce platform Zepto’s gross order value (GOV) will cross Rs 2,400 crore this month, up a whopping 220% from about Rs 750 crore in May 2024, its cofounder and chief executive Aadit Palicha said in a LinkedIn post on Sunday.

This represents an annualised gross sales run rate of around $3.4 billion, or around Rs 28,800 crore, which could be higher than rival Swiggy Instamart.

Palicha had last month said the Bengaluru-based company’s annualised GOV run rate is expected to cross $4 billion soon.

So, where does it stand compared to its key…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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