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 ...
In a move that has stirred debate across the hospitality sector, leading associations, including the Federation of Hotel & Restaurant Associations of India (FHRAI), have voiced their concerns over ...
Food delivery giants Swiggy and Zomato are expected to moderate discounts in their core business as competition in quick commerce — another segment they are present in — intensifies ...
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 ...
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 ...
Global brokerage JP Morgan believes that both Swiggy and Zomato are available at attractive prices for taking positions in them. Similarly, Zomato also trimmed its day's early gains of up to 7.27 per ...
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