Swiggy Rejects Report Claiming Instamart Losing Market Share To Zepto

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SUMMARY

Swiggy has rejected the market share figures reported by a media publication citing an internal memo from HSBC

“We have received a confirmation from Redseer confirming that (i) no data or analysis has been shared by Redseer with HSBC or with MoneyControl in relation to the article”

Swiggy described the data cited by competitor Zepto as baseless and unreliable

Swiggy has rejected the market share figures reported by a media publication citing an internal memo from HSBC which cited data from Redseer and Zepto.

“The…



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Swiggy Rejects Report Claiming Instamart Losing Market Share To Zepto


SUMMARY

Swiggy has rejected the market share figures reported by a media publication citing an internal memo from HSBC

“We have received a confirmation from Redseer confirming that (i) no data or analysis has been shared by Redseer with HSBC or with MoneyControl in relation to the article”

Swiggy described the data cited by competitor Zepto as baseless and unreliable

Swiggy has rejected the market share figures reported by a media publication citing an internal memo from HSBC which cited data from Redseer and Zepto.

“The…



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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