Swiggy Acquires LYNK To Enter Food & Grocery Retail Market
Delivery platform Swiggy has acquired LYNK, marking its foray into the food and grocery retail segment. Deal value, timing and executive details were not disclosed in the source.
Swiggy has acquired LYNK to enter the food and grocery retail market, marking the delivery platform's foray into the retail segment. Deal value, timing and executive details were not available in the source content.
Why this matters
Swiggy's LYNK acquisition extends its push into food and grocery retail, echoing a July 2023 move to enter the segment through the same deal.
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