About this episode
On Thursday, Kotak Institutional Equities, released a note and turns out, Zomato managed to maintain its lead over Swiggy with a 55% market share in the year 2022. Swiggy is at 45%.
Swiggy and Zomato have been constantly win the bigger share in India’s $5 billion food delivery market. But it was Swiggy that had the portion share just three years ago.
Inherently, both the food delivery companies are quite different from each other. And it is this difference that's been giving Zomato an edge lately.
Recommended reading:
Why Swiggy is building a Shopify for local brands
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