The quick-commerce player now operates in 40-plus cities, commands a dominant market share of 40%, and is pulling away from the others with a sequential quarterly growth rate of 25%. Its dark store footprint is on course to hit 1,000 by March 2025 with 152 added in Q2FY25. That may put pressure on profitability for a bit, but with the number of orders closing in on 100 million in the quarter, there's little cause for concern.
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South steals the spotlight
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â Looking at stock market listing, but no timeline yet
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