Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...
Zomato’s food delivery gross order value (GOV) increased 17% year-on-year to Rs 9,690 crore but grew just 2.3% sequentially. Swiggy’s GOV rose 19.2% year-on-year to Rs 7,436 crore but was up ...
Food delivery majors Swiggy and Zomato may need to brace for a bumpy ride as growth in food delivery, their core business, seems to be catching a headwind. The two firms, which operate in a ...
Food delivery ... discounts based on order size and delivery region improve efficiency and resources, supporting better unit economics,” he said. Additionally, Swiggy and Zomato are moving ...
However, even patient investors face a tough choice between Swiggy and Zomato ... could provide impetus to the food delivery business. It believes that the gross order value can grow by 18-20% ...
Zomato and Swiggy's multi-billion dollar food delivery businesses have been built over the years through their partnership with restaurants. With Covid nudging Indians to shop online, the ...
The Federation of Hotel & Restaurant Associations of India (FHRAI) has expressed significant concerns regarding Zomato and Swiggy’s foray into the private label food delivery business.
Momos, said 10-minute food delivery apps such as Zomato’s Bistro and Swiggy’s Snacc are creating ... them from migrating a customer who is ordering a samosa or a chai or a biryani or ...
Indian quick-commerce startup Zepto achieved the distinction of becoming the world’s second most downloaded app in the food ... Zomato, Swiggy, Zepto delivery boys earn this much on every order ...
Food delivery player ... to 3% in third quarter. Swiggy managed to bump up its monthly transacting users to 7 million and average order value to Rs 534, as compared to Zomato's 10.6 million ...
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