Zomato exits alcohol delivery due to cashburn even as Swiggy stays put
Shortpedia
Content Team
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Foodtech giant Zomato, which entered the alcohol delivery segment last year during the nationwide lockdown, has bowed out of the business due to limitations of scalability and unit economics, report said. The company decided to step away from alcohol and liquor delivery in January this year, even as rival Swiggy remains bullish on the segment. Zomato was delivering alcohol in Jharkhand, West Bengal and Odisha.
