Swiggy, India and Zepto
Indian retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, Swiggy and Zepto - for alleged predatory pricing, a letter showed on Sunday.
Indian Retail Distributors Writes To CCI Urging A Probe Into Quick Commerce Companies Swiggy, Blinkit & Zepto
In a letter dated October 18, the AICPDF accused these quick commerce companies of luring customers with deep discounts and selling goods below cost, a practice known as predatory pricing.
Retail distributors group demands antitrust probe on Blinkit, Swiggy, and Zepto alleging predatory pricing
Rapid commerce has swept through the Indian retail sector in recent years. Platforms like Zepto, Swiggy's Instamart, and Zomato's Blinkit, which promise deliveries in as little as 10 minutes, have completely transformed the way Indians purchase for everyday necessities.
Retailers vs Zomato, Swiggy, Zepto? Retail group seeks probe against quick commerce platforms
According to a letter by the group to CCI, quick commerce platforms, Zomato, Swiggy, Zepto, are offering deep discounts and selling below cost to lure customers.
India’s retail alliance urges antitrust probe of quick commerce giants
The AICPDF is concerned that quick commerce disrupts the market with deep discounts and products sold below cost.
Blinkit, Zepto in Spotlight Ahead of Diwali: Distributors Seek Antitrust Probe | Predatory Pricing
India's largest retail distributor group, All India Consumer Products Distributors Federation (AICPDF), which represents 400,000 distributors for major companies like Nestle and Hindustan Unilever, has urged the Competition Commission of India (CCI) to investigate quick commerce platforms like Blinkit,
abp LIVE1h
'What Are You Doing In Chennai': Viral LinkedIn Post Recounts Horror As 'Swiggy Employee' Stalks Ex-Girlfriend Via App
The woman realised the man was using Swiggy’s data to track her every move, sparking outrage about the potential misuse of ...
Republic Business on MSN11h
Swiggy vs Zomato: Battle intensifies as Swiggy prepares for landmark IPO
As Swiggy gears up for its much-anticipated Rs 10,000 crore IPO slated for late 2024, the competition between India’s two ...
Your Story10h
'Early investment in Swiggy paying off', says Prosus
Prosus, one of the early backers of Swiggy, sees its investments paying off, and currently expects its other Indian ...
Outlook Business1d
Swiggy Targets $12.7bn Valuation for $1.4bn IPO to be Launched Early November
Swiggy’s IPO has a fresh issue component of Rs 3,750 crore and an offer for sale of up to 182,286,265 equity shares, ...
Swiggy, Vishal Megamart, Afcons: What does Hyundai Motor India listing mean for other upcoming big IPOs
The Rs 5,340-crore IPO of Afcons Infrastructure will open on October 25 and the three-day bidding for the issue shall ...
Zomato’s QIP salvo before Swiggy IPO will further fuel quick commerce frenzy
Zomato's decision to raise additional funds via QIP, despite holding $1.5 billion in cash, has sparked intrigue in the quick ...
Oneindia2d
New Fee Alert: Karnataka Govt To Charge You for Every Transaction on Zomato, Swiggy, Zepto, and More
The Karnataka government is expected to introduce a transaction fee of 1 to 2 percent on popular aggregator platforms such as ...
MediaNama3d
Zomato’s QIP Plans: What It Means Amid Rising Competition with Swiggy
Zomato called for a meeting on October 22 with its shareholders to discuss the prospect of the QIP, as well as unaudited ...