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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Restaurants are upset with Swiggy and Zomato for launching standalone apps, Snacc and Bistro, which deliver quick meals using customer data, moving beyond their role as marketplaces. Restaurants ...
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 ...
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 ...
Swiggy Ltd, Zomato Ltd share prices saw sharp decline of more than 6% as the stock market crashed.Share price movementSwiggy ...