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Zomato claims food delivery volumes back to pre-COVID levels, Swiggy’s total order values at 85%

Food delivery apps in India

Zomato's food delivery volumes have reached pre-COVID levels, with a “number of cities” now at over 120% of the peaks set before the pandemic, the company's co-founder Deepinder Goyal claimed in a tweet. Going forward, the company is expecting the food delivery sector to grow at 15% to 25% of pre-COVID levels, he said, and added that since March 23, the first day of several lockdowns in India, Zomato has delivered a total of 9.2 crore orders. Zomato’s closest rival, Swiggy also said that its food delivery business has recovered to 80-85% of pre-COVID order values, as the food aggregator received  over 10 crore orders for food, groceries, medicines, and other household items since the lockdown. https://twitter.com/deepigoyal/status/1315547820045131777 Swiggy saw 'double digit' growth in past five weeks: “Over 100 million [10 crore] orders were placed on the Swiggy app for food, groceries, medicines and other household items since the lockdown. Almost 200+ cities have reached 90% of their pre-COVID GMV [gross merchandise value] levels with 70+ cities seeing a full recovery. In fact, they have seen double-digit growth over the past 4-5 weeks, especially when the lockdown opened and when the consumer fear factor of COVID subdued. Certain micro pockets within the country have also reached 200% of their pre-COVID levels,” a Swiggy spokesperson said in a statement to MediaNama. COVID-19 hit Zomato, Swiggy, and dine out restaurants hard: The food delivery and dine out sector were among the most badly hit industries due to the coronavirus pandemic. In August, Zomato said…

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