Zomato gains market share from rival Swiggy despite latter’s bigger discount

Despite Swiggy’s larger discounts, Zomato surpassed its Bengaluru-based competitor in the market share between January and June. Zomato had a gross merchandise value (GMV) of $1.6 billion over the time period, compared to Swiggy’s GMV of $1.3 billion, and held an average market share of 55% in the meal delivery sector.
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