Shadowfax said its recent surge in growth was driven by higher consumption, wider digital adoption, and consolidation in the logistics sector. The company highlighted the growing contribution of value-added services such as same-day delivery and omnichannel logistics, which now form a large part of revenue and support profitability. It also said quick commerce is becoming a bigger part of its business, cash flows have turned positive, and client diversification risks have reduced as market conditions stabilise.Read More
