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 ...

They said there are initial signs that the execution gap is widening between Swiggy's Instamart and Zomato's Blinkit. On ...

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 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 ...

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 ...

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 ...

"If investors want to take a call, 60-70 per cent can be a weightage given to Zomato and 30-40 per cent weightage to Swiggy at this point," Tapse added. Zomato shares climbed 2.10 per cent to ...

India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce business to compete with rivals Zomato and Zepto. The company reported a ...

The company's quick commerce segment, which lags behind its listed peer Zomato's Blinkit, more than doubled its operating revenue for the second consecutive quarter to Rs 576 crore. While Swiggy ...

Companies such as Swiggy and Zomato are doubling down on quick commerce, aiming to deliver goods ranging from groceries o electronics in 10 minutes or less, by opening more warehouses or so-called ...