Swiggy, 2024’s biggest tech listing, falls below its IPO price and 2022 valuation
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...
The Financial Express3d
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
(Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing slowing growth, adding to their financial pressures. Rising ...
Mint3d
Swiggy Instamart picks up pace but still lags Zomato's Blinkit
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 ...
Mint4d
Swiggy Q3 Results: Net loss widens to ₹800 crore, revenue up 31% YoY; Quick comm revenue surges 114% YoY
Swiggy Q3 Results: Net loss of the food and grocery delivery platform widened to ₹800 crore in the December quarter of FY25; Pic by Hemant Mishra/mint EBITDA is an alternate measure of ...
Your Story5d
Swiggy's Q3 loss widens by 39% as quick commerce expenses pile up
Quick commerce and food delivery player Swiggy saw its losses surge by 39% year-on-year (YoY) in Q3 FY25, bogged down by rapid expansion in the hotly contested quick commerce segment, along with a ...
moneycontrol.com3d
Delivering less? Swiggy, Zomato struggle to keep food delivery momentum going
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 ...
Business Line4d
Swiggy shares end 7% lower, brokerage cut target prices
The brokerage stated that Swiggy’s Bolt and 10-minute food delivery could lead to lower average order value (AOV) growth, however hailing the latter as it reignites competition in the food ...
India TV3d
Swiggy shares plunge as Q3 loss widens, trade below listing price - Check details
Image Source : PTI Swiggy incurred a net loss of Rs 574.38 crore in the year-ago period. Swiggy share price today: Shares of food and grocery delivery major Swiggy plunged 8 per cent on Thursday.
Business Today2d
‘I never placed an order’: Man flags suspicious Swiggy delivery to his girlfriend, 'Asked her to open door'
A Reddit post detailing a bizarre Swiggy delivery incident in Bengaluru has left social media questioning personal safety and data security. A man claimed that his girlfriend received a call from ...
Business Today3d
'Never helping anyone again': New Swiggy scam surfaces as customer loses Rs 10K to delivery agent's fake accident story
A new Swiggy scam is surfacing, where delivery partners pretend to be injured and ask customers for money to visit the hospital. In a similar scam, a customer claimed he was defrauded of Rs 10,000 ...
Business Line5d
Swiggy’s net loss widen to ₹799 cr, revenue up by 31%
Food delivery platform Swiggy’s net loss widened 39 per cent to ₹799 crore for the quarter ended December 31, 2024. It reported a net loss of ₹574 crore in the year-ago period. The revenue ...