(Reuters) -Indian food and grocery delivery platform Zomato said on Thursday it will rename the company to "Eternal" and ...
However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy Ltd’s food-delivery business saw a sequential rise in its average monthly transacting users to 14.9 million ...
Much like rival Zomato, store additions also weighed on Swiggy's Q3 numbers, widening its losses to Rs 799 crore.
The Zomato app and brand name will remain unchanged ... Because ‘Eternal’ carries both a promise and a paradox,” Goyal wrote in a letter. “This isn’t just a name change; it is a mission ...
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 ...
Both companies reported weaker-than-expected financial results for the October-December quarter. Zomato’s net profit dropped 57% year-on-year to Rs 59 crore, while Swiggy’s losses widened to ...
Quick commerce market leader Blinkit's parent Zomato ... both on the contribution side and operating leverage kicking in through EBITDA," said Rohit Kapoor, CEO-Food Marketplace, Swiggy on ...
Stock Market Today: Swiggy Ltd, Zomato Ltd share prices saw sharp decline ... They said that catching up on both growth and profitability could be challenging in light of the severe competitive ...
Indian food and grocery delivery platform Zomato said on Thursday it will rename the company to "Eternal" and unveiled a new logo, a move that comes more ... Blinkit as well as early bird Swiggy's ...
Feb 6 (Reuters) - Indian food and grocery delivery platform Zomato (ZOMT.NS), opens new tab said on Thursday it will rename the company to "Eternal" and unveiled a new logo, a move that comes more ...
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