Amazon’s rapid delivery push triggers $15 billion rout for Eternal, Swiggy
- Posted on June 29, 2026
- By Business News Today
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- 1 min read
Amazon’s rapid delivery push triggers $15 billion rout for Eternal, Swiggy
Eternal and Swiggy have pioneered Indias 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart shares have fallen sharply amid concerns over Amazon and Flipkart expanding into rapid commerce through dark stores. The $11 billion segment is heating up further as Zepto prepares a $1 billion IPO to strengthen its expansion plans.
