{"id":873281,"date":"2024-11-05T07:56:08","date_gmt":"2024-11-05T02:26:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=873281"},"modified":"2024-11-05T08:00:01","modified_gmt":"2024-11-05T02:30:01","slug":"swiggy-eyes-100-mn-users-each-ordering-15-times-a-month-ceo-majety","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/05\/swiggy-eyes-100-mn-users-each-ordering-15-times-a-month-ceo-majety\/","title":{"rendered":"Swiggy eyes 100 mn users, each ordering 15 times a month: CEO Majety"},"content":{"rendered":"<p>Swiggy expects 100 million consumers to use the platform 15 times a month in the future as it sees the food delivery business to be more profitable in the next decade, the company\u2019s co-founder and chief executive officer Sriharsha Majety said on Monday. <\/p>\n<p>The Bengaluru-based firm is gearing up to launch its Rs 11,327 crore initial public offering (IPO) on Wednesday. <\/p>\n<p>The food delivery business is at a meaningful scale today and is expected it to grow at a compound annual growth rate (CAGR) of about 20 per cent, Majety said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiggy expects 100 million consumers to use the platform 15 times a month in the future as it sees the food delivery business to be more profitable in the next decade, the company\u2019s co-founder and chief executive officer Sriharsha Majety said on Monday. The Bengaluru-based firm is gearing up to launch its Rs 11,327 crore initial public offering (IPO) on Wednesday. The food delivery business is at a meaningful scale today and is expected it to grow at a compound annual growth rate (CAGR) of about 20 per cent, Majety said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-873281","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/873281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=873281"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/873281\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=873281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=873281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=873281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}