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 ...
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 ...
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 ...
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 ...
Indian quick-commerce startup Zepto achieved the distinction of becoming the world’s second most downloaded app in the food and drink category in 2024, as per data from Sensor Tower. The US fast ...
Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...
Bad news for Deepinder Goyal, not Zomato, Blinkit or Swiggy but this Indian app becomes world's second most downloaded app in… Zomato, Swiggy, Zepto delivery boys earn this much on every order ...
Also Read: Zomato, Swiggy shares in focus post income tax relief in Budget 2025. What’s the road ahead for the new-age stocks? Swiggy's operating segments comprise food delivery service ...
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 Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio, which includes ...
Food delivery player Swiggy's executives reasoned that the worsening contribution margins of its quick commerce arm, Instamart, was due to its focus on store expansion. The company saw its ...
The company's quick commerce segment, which lags behind its listed peer Zomato's Blinkit, more than doubled its operating revenue for the second consecutive quarter to Rs 576 crore. While Swiggy ...