Swiggy Shares Plunge After Losses Mount on Intense Competition
Swiggy Ltd. shares fell to a record low after intense competition led to wider-than-expected loss at the Indian food-delivery contender, raising questions about its long-term earnings potential.
By Alex Gabriel Simon · Bloomberg Markets
Swiggy Ltd. shares fell to a record low after intense competition led to wider-than-expected loss at the Indian food-delivery contender, raising questions about its long-term earnings potential.