Swiggy has shut its 10-minute food delivery app Snacc after almost a year, citing profit pressures and challenging unit economics. An internal email said the decision followed extensive deliberation and a focus on “business objectives to create scalable platforms with long-term value.” Although product-market fit was emerging, the broader economics made scaling difficult, the company said.Swiggy has shut its 10-minute food delivery app Snacc after almost a year, citing profit pressures and challenging unit economics. An internal email said the decision followed extensive deliberation and a focus on “business objectives to create scalable platforms with long-term value.” Although product-market fit was emerging, the broader economics made scaling difficult, the company said.
Swiggy shutters 10-minute food delivery app Snacc due to profit pressures
