Swiggy’s losses double, layoffs to follow

• Swiggy’s losses for FY22 jump to Rs 3,629 crore, double the losses from FY21.
• Revenue for FY22 grew 2.2 times to Rs 5,705 crore, up from Rs 2,547 crore in FY21.
• Layoffs are expected to follow.

[Via]

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