{"id":930092,"date":"2025-05-13T07:17:34","date_gmt":"2025-05-13T01:47:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=930092"},"modified":"2025-05-13T07:17:34","modified_gmt":"2025-05-13T01:47:34","slug":"swiggy-pins-hopes-on-bolt-amid-losses","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/13\/swiggy-pins-hopes-on-bolt-amid-losses\/","title":{"rendered":"Swiggy pins hopes on Bolt amid losses"},"content":{"rendered":"<p>As growth in the food delivery sector slows, Swiggy is placing a high-stakes bet on its 10-minute food delivery service, Bolt, in hopes of revitalising user engagement and addressing growing financial losses. In its January-March quarter earnings, the company reported a 45% year-on-year increase in revenue to Rs 4,410 crore, but also a sharp rise in losses at Rs 1,081 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As growth in the food delivery sector slows, Swiggy is placing a high-stakes bet on its 10-minute food delivery service, Bolt, in hopes of revitalising user engagement and addressing growing financial losses. In its January-March quarter earnings, the company reported a 45% year-on-year increase in revenue to Rs 4,410 crore, but also a sharp rise in losses at Rs 1,081 crore.<\/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":[63,4,12],"tags":[],"class_list":["post-930092","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930092","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=930092"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930092\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=930092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=930092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=930092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}