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 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 ...
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 ...
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 ...
Indian food and grocery delivery platform Zomato said on Thursday it will rename the company to "Eternal" and unveiled a new logo, a move that comes more than two years after it began using the ...
India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce ...
The move marks a shift for the company, from when investors were skeptical about Zomato's acquisition of Blinkit in mid-2022, to quick commerce-led growth drawing increasing investor interest. Blinkit ...
(Image: Reuters) In a landmark move, food delivery Zomato on Thursday announced its decision to rename itself Eternal Ltd., signaling a transformative shift beyond food delivery. The announcement ...
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 ...
Several brokerage firms have identified new age food delivery aggregators Zomato and Swiggy as the key beneficiaries of the budget driven consumption push. Even within the two rivals, bullishness ...