Swiggy delivers over 500 million orders a year1 min read

0
(0)

Calling out the market opportunity that Swiggy is looking to tap, Majety said: “All of India has 2 lakh restaurants, compared to 3 lakh restaurants in Beijing alone. In India, 10-15 meals per month are eaten outside the home, of which 50-60 per cent is delivery. Compare this with other geographies such as the US, China or South-East Asia, where people eat outside food more than 50 times a month, as the supply ecosystem supports demand for high quality, affordable food options in these markets. Once the ecosystem catches up in India over the next 10-15 years, Indians will eat 40-50 meals per month outside, of which 70-80 per cent will be delivery. That’s the opportunity we are looking to address. We will work with partners to provide high quality food at Rs 120–Rs 130 a meal.”

More at BusinessLine

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Leave a Reply

Your email address will not be published.