The stocks continued to reel under the effect of their weak performance in the October-December quarter of the current ...
The broader market downturn has only made matters worse for Swiggy and Zomato. As of 1:30 PM on February 11, the Sensex was down 1,102.78 points (1.43%), trading at 76,209.02, while the Nifty had ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
Bernstein said that the Quick Commerce segment was impacted by the hyper competitive environment, leading to higher marketing ...
Zomato and Swiggy shares surged up to 10% after Finance Minister Nirmala Sitharaman announced an income tax exemption for ...
After the huge success of 10-minutes online delivery apps like Blinkit, Zepto, and Swiggy Instamart, a new Indian startup is ...
Zomato's rival Swiggy on Wednesday reported a Rs 799.08 crore net loss in the October-December period (Q3 FY25), as compared to a loss of Rs 625.53 crore in the previous quarter.
Swiggy shares declined as much as 7.4% to hit its all-time low of ₹387 on the BSE today as Q3 loss widens by 39% to ₹799 ...