On Thursday, Zomato and Swiggy stocks continued their decline. (Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing ...

However, even patient investors face a tough choice between Swiggy ... from a restaurant. This should boost its contribution margin of 7.4%, which is 110 basis points lower than Zomato’s.

Most recently, the restaurant body announced plans to approach the Competition Commission of India (CCI) due to Swiggy and Zomato’s 10-minute food delivery apps. Regardless, both the food ...

The Zomato app and brand name will remain unchanged. Blinkit grew materially larger than Zomato’s food delivery business in ...

"If investors want to take a call, 60-70 per cent can be a weightage given to Zomato and 30-40 per cent weightage to Swiggy at this point," Tapse added. Zomato shares climbed 2.10 per cent to ...

Still, Swiggy’s cash reserves of ₹82 billion ($936 million) are less than half of Zomato’s ₹190 billion ($2.2 billion), though Swiggy did manage to increase its average order value in ...

Driven by food and grocery delivery platforms such as Zomato, Swiggy, Blinkit, and Zepto, tier-II and tier-III towns are seeing consumption patterns similar to metro cities, bringing restaurants ...

This comes as the stock sees heavy volumes, trading at a 200-day average. Swiggy and Zomato stocks meanwhile extended gains as consumption sector continues to remain in green after Union Budget ...

The brokerage added that the period of hyper-competition is expected to prolong for a few more quarters and reinstated that it prefers Zomato stock over Swiggy. UBS has retained buy at a target ...

In the same category, other Indian companies also performed impressively like Deepinder Goyal led Zomato ranked fifth, Swiggy secured ... food and grocery delivery, restaurant reservations ...