Swiggy suspends Genie delivery service across major cities
Swiggy has paused its Genie delivery service in major cities like Bengaluru, Mumbai, and Delhi NCR, citing a temporary break with no return date. The move comes as Swiggy focuses on food delivery and Instamart, just ahead of its Q4 results. Losses are expected to rise due to aggressive expansion and competition in the fast-growing quick commerce space.