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 ...
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 ...
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 ...
Food delivery platform Swiggy Ltd on February 5 reported that its net loss widened 39 percent to Rs 799 crore in the quarter ended December 31, 2024, regulatory filings showed. It reported a net ...
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 ...
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 ...
Swiggy has received approval from the Ministry of Corporate Affairs (MCA) to incorporate Swiggy Sports Pvt. Ltd., a wholly owned subsidiary of Swiggy, solidifying its effort to diversify out of ...
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 ...