Swiggy says Toing could propel food delivery market growth to 25-30%, up from 18-20%
Swiggy has announced that its new affordable-meal application, Toing, is expected to drive food delivery market growth to a range of 25-30%, an increase from the previous projection of 18-20%. While the app is designed to expand Swiggy's total addressable market, the company noted that there may be a degree of cannibalization between Toing and its primary food delivery platform.
