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Indian food delivery company Swiggy has announced its entry into the retail B2B segment with the acquisition of LYNK Logistics, a retail distribution company. LYNK works with FMCG brands and has a network of over 100,000 retail stores. The acquisition will allow Swiggy to expand its offerings beyond food delivery. Swiggy's rival, Zomato, also has a B2B arm called Hyperpure. Swiggy's food delivery business achieved profitability in March.
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