Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...
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 ...
Feb 5 (Reuters) - India's Swiggy (SWIG.NS), opens new tab reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce business to compete with rivals ...
Shares of Swiggy plunged 8 per cent before closing 7 per cent lower on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding ...
Swiggy share price fell 7.4% after announcing a consolidated loss of ₹799.08 crore for Q3 2024, up from ₹574.38 crore last year.(Pixabay) Sriharsha Majety, the MD & Group CEO of Swiggy ...
In FD, we estimate Swiggy to have gained market share of ~30bps on GOV basis and ~50bps on MTU basis. This is broadly in line with our survey findings (link). Adj. EBITDA margin in FD improved ...
As of 10:54 AM, the stock was down 3.6% at INR 418.10 per share on the BSE, compared to its last close of INR 433.65 apiece yesterday Swiggy has been on the downward trend since yesterday ...
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 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 ...
Shares of Swiggy Ltd fell 4 per cent in Wednesday's trade, ahead of the company's December quarter results. The online food aggregator is expected to report a loss of Rs 609 crore for the December ...