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Amazon’s rapid delivery push triggers $15 billion rout for Eternal, Swiggy

Eternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart shares have fallen sharply amid concerns over Amazon and Flipkart expanding into rapid commerce through dark stores. The…

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Amazon’s rapid delivery push triggers $15 billion rout for Eternal, Swiggy

Eternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart shares have fallen sharply amid concerns over Amazon and Flipkart expanding into rapid commerce through dark stores. The…

Eternal and Swiggy got the 10-minute delivery party going in India. Now, e-commerce titans Amazon.com Inc. and Walmart Inc.s Flipkart are looking to crash it.Eternal, whose Blinkit does doorstep deli…

Originally published by The Times of India. Read the full article →

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