The food delivery unicorn also claimed that gross merchandise value (GMV) run rate of food orders on its platform is back to pre-covid levels, and currently stands at 110% of pre-pandemic months. The sector will continue to need all the help to get back to pre-covid levels," said Zomato in a blog. In October, Goyal had tweeted that food delivery volumes in India reached pre-covid peaks, with Zomato servicing close to 92 million orders since March 23. The company also added that it now expects food delivery sector to grow at 15% month-on-month. Metros saw an impact on value due to this exodus with Bengaluru and Chennai reaching only 80% of pre-covid GMV levels, Swiggy said.

Source: Mint November 18, 2020 13:18 UTC