In its relentless pursuit of greatness, Rebel Foods aspires to construct a formidable $100 Mn food delivery empire within the Saudi market over the next three years. As part of this ambitious strategy, the company plans to inaugurate an additional 60 stores in Riyadh alone, while simultaneously expanding its footprint to encompass other prominent cities such as Jeddah, Dammam, and Khobar.

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

Despite falling order numbers, the government’s Open Network for Digital Commerce (ONDC) has created a new incentive system for buyer and seller applications that caps discounts at INR 100 per

Zomato’s CEO Deepinder Goyal responded to Swiggy co-founder and CEO Sriharsha Majety’s Twitter post saying the online food delivery service had seen financial success in March 2023. Any industry’s competition

Those days are now history with the emergence of food delivery startups. These startups have a prime objective and that is to deliver food at your doorstep from the restaurant. When we think of such startups, Swiggy is one of the most popular ones out there.