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Infy staffers’ bonus hit■ Gensol founders quit■ ETtech Done DealsSwiggy’s stock tanks: pre-IPO lock-in expiry releases $7.7 ...
Swiggy and Eternal reported Q4 results, with both facing profitability challenges due to rising expenses and competition.
Swiggy shares tumbled 6.4% to a 52-week low after the expiry of a major lock-in period freed up 83% of its shareholding for ...
Shares of Swiggy plunged over 6 per cent on Tuesday to hit a 52-week low as 83 per cent of its pre-IPO shares became tradable ...
Swiggy's revenue from operations rose to Rs 4,410 crore. Meanwhile, its rival Zomato posted a 78 percent YoY decline in ...
Swiggy shares have fallen around 45% since the beginning of the year. Over the past month, the stock has dropped 10%, and in ...
Share prices of its Indian portfolio companies, including Swiggy and Ola Electric, have struggled to maintain the momentum ...
Swiggy also reported a consolidated net loss of Rs 1,081 crore for the March quarter, almost double the Rs 555 crore loss reported in the same period last year.
Softbank's Vision Fund 2 posted a $3.4 billion loss year-to-date, hit by markdowns in public holdings like Swiggy, Ola, ...
Swiggy Instamart’s adjusted EBITDA loss for the period stood at INR 840 Cr, increasing 45.3% from INR 578 Cr in the preceding ...
Swiggy's losses double to Rs 1,081 crore in Q4, driven by investments in Instamart and quick commerce, despite revenue growth ...
Swiggy share price has been under heavy selling pressure as the stock has declined 4% in one month and 16% in the past three ...