Shares of food and grocery delivery majors Swiggy and Zomato fell further as quick commerce burn takes a toll. Swiggy’s market capitalisation has now fallen below $10 billion, while Gurugram-based ...
The stocks continued to reel under the effect of their weak performance in the October-December quarter of the current ...
1don MSN
The Indian equity markets have started the new trading week on a weak note. The benchmark indices are trading in red with ...
Swiggy’s growth outlook remains strong, driven by innovations such as 15-minute deliveries, cloud kitchens, and deepening ...
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
After the huge success of 10-minutes online delivery apps like Blinkit, Zepto, and Swiggy Instamart, a new Indian startup is ...
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Swiggy Ltd. shares extended losses to the fifth straight day — their longest losing streak since listing — on Monday as ...
4don MSN
Prashanth Tapse told Business Today that if investors want to take a call, 60-70 per cent can be a weightage given to Zomato ...
To be clear, most brokerages are bullish on Swiggy because of improvements in the food delivery business, where the take rate ...
The food delivery platforms have faced challenges in onboarding new customers and scaling past the top eight cities, combined with an immaterial change in total orders being placed, say analysts, amid ...
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