{"id":876979,"date":"2024-11-15T07:49:17","date_gmt":"2024-11-15T02:19:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=876979"},"modified":"2024-11-15T07:58:50","modified_gmt":"2024-11-15T02:28:50","slug":"rapido-reports-2-5x-increase-in-gross-order-value-to-rs-2461-cr-in-q2fy25","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/15\/rapido-reports-2-5x-increase-in-gross-order-value-to-rs-2461-cr-in-q2fy25\/","title":{"rendered":"Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25"},"content":{"rendered":"<p>Ride-hailing startup Rapido on Thursday reported a loss of Rs 17 crore in Q2 FY25, a 77 per cent improvement from Rs 74 crore in the same period last year. <\/p>\n<p>The low-cost mobility platform reported a gross order value (GOV) of Rs 2,461 crore in Q2 FY25, up more than two-fold from Rs 977 crore in Q2 FY24. <\/p>\n<p>The number of ride orders doubled year-on-year to 207 million. The company said it \u201cstrategically optimised\u201d its fixed costs, achieving a 50 per cent reduction on a per-unit basis without increasing its overall budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ride-hailing startup Rapido on Thursday reported a loss of Rs 17 crore in Q2 FY25, a 77 per cent improvement from Rs 74 crore in the same period last year. The low-cost mobility platform reported a gross order value (GOV) of Rs 2,461 crore in Q2 FY25, up more than two-fold from Rs 977 crore in Q2 FY24. The number of ride orders doubled year-on-year to 207 million. The company said it \u201cstrategically optimised\u201d its fixed costs, achieving a 50 per cent reduction on a per-unit basis without increasing its overall budget.<\/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-876979","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\/876979","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=876979"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/876979\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=876979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=876979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=876979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}