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Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Swiggy shares fell more than 7% on July 24, 2026, nearing a record low after the company proposed capping foreign ownership at 49.5%. The move risks triggering passive fund outflows and possible removal from global indices, compounding a 41% decline over the past year.
Flipkart plans to launch a ticketing vertical for movies and live events as early as May, targeting BookMyShow and Eternal's District. The move is part of a broader diversification strategy ahead of a domestic IPO targeted within 12 to 18 months, supported by a planned $2 billion to $2.5 billion pre-IPO fundraise.
China's State Administration for Market Regulation fined food delivery platforms 4.87 billion yuan ($671 million) for recording fictitious 'ghost' deliveries that were never fulfilled. Legal representatives of the companies face an additional 19.7 million yuan in personal fines, marking an escalation to individual
Barclays estimates that robots and drones could reduce food delivery costs to $1 per order globally. That threshold would dramatically alter platform unit economics, where human courier costs currently make low-value orders structurally unprofitable. Regulatory clearance and autonomous fleet deployment timelines are th
Tag
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
25d ago · 3 min · Business
Swiggy shares fell more than 7% on July 24, 2026, nearing a record low after the company proposed capping foreign ownership at 49.5%. The move risks triggering passive fund outflows and possible removal from global indices, compounding a 41% decline over the past year.
1mo ago · 3 min · Markets
Flipkart plans to launch a ticketing vertical for movies and live events as early as May, targeting BookMyShow and Eternal's District. The move is part of a broader diversification strategy ahead of a domestic IPO targeted within 12 to 18 months, supported by a planned $2 billion to $2.5 billion pre-IPO fundraise.
4mo ago · 1 min · Business
China's State Administration for Market Regulation fined food delivery platforms 4.87 billion yuan ($671 million) for recording fictitious 'ghost' deliveries that were never fulfilled. Legal representatives of the companies face an additional 19.7 million yuan in personal fines, marking an escalation to individual
4mo ago · 1 min · Business
Barclays estimates that robots and drones could reduce food delivery costs to $1 per order globally. That threshold would dramatically alter platform unit economics, where human courier costs currently make low-value orders structurally unprofitable. Regulatory clearance and autonomous fleet deployment timelines are th
4mo ago · 1 min · Business
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