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 ...
Still, Swiggy’s cash reserves of ₹82 billion ($936 million) are less than half of Zomato’s ₹190 billion ($2.2 billion), though Swiggy did manage to increase its average order value in ...
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 ...
In today’s newsletter, we look at Hindustan Unilever’s acquisition of homegrown skincare brand Minimalist, a mouthwatering ...
Shares of quick commerce players--Swiggy and Zomato extended losses and dropped another 3 percent on January 22 amid growing concerns over intensifying competition in the sector. These concerns ...
The share price of Zomato and Swiggy saw close to 10% decline on the Indian stock markets on Tuesday due to the former's disappointing third-quarter results. Zomato’s stock began to fall right ...
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 ...
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Shares of Zomato Ltd. and its peer Swiggy ...
Zomato said that its new feature was designed to address customer worries about changed plans and unknowns when booking a ticket in advance.(Reuters / Florence Lo) ...
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 ...
Despite steadying the ship a little, the company shares continue to trade in with deep cuts. At the time of writing, the ...
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