Indian food and grocery delivery platform Zomato said on ... Blinkit as well as early bird Swiggy's Instamart have driven a shift in the way Indians shop, and forced retailers such as Reliance ...

(Reuters) -Indian food and grocery delivery platform Zomato said on ... as well as early bird Swiggy's Instamart have driven a shift in the way Indians shop, and forced retailers such as Reliance ...

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 and Zomato. Swiggy Ltd’s food-delivery business saw a sequential rise in its average monthly transacting users to 14.9 million ...

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 ...

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 ...

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 ...

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 ...

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 ...