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 ...
Stock Market Today: Swiggy Ltd, Zomato Ltd share prices saw sharp decline of more than 6% as the stock market crashed. The analysts view have been divided looking at rising competition in the ...
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 ...
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 ...
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 ...
It cannot be transferred to a bank account. (Image/PTI) New payment methods have been operationalised on the mobile applications of Swiggy and Zomato’s Blinkit. These features were announced ...
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 ...
The Federation of Hotel & Restaurant Associations of India (FHRAI) on Monday expressed "serious concerns" over Zomato and Swiggy's recent foray into the "private label" food delivery space, urging ...
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 Federation of Hotel & Restaurant Associations of India (FHRAI) has expressed significant concerns regarding Zomato and Swiggy’s foray into the private label food delivery business.