BigBasket FY25 revenue declines as India’s quick-commerce competition intensifies
BigBasket reported a revenue decline in FY25, signalling mounting pressure from intensifying competition across India’s fast-growing quick-commerce market.
BigBasket reported a revenue decline in FY25 as competition in India’s quick-commerce market intensified.
Why this matters
The revenue decline follows BigBasket’s move to halve its city footprint to 40 cities amid FY25 losses and the exit of cofounder Hari Menon. It also contrasts with its renewed push to widen grocery reach through offline stores.
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