Food tech major Zomato has changed its name to Eternal and the company’s board has approved the same, the company said in a ...
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 ...
However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy Ltd’s food ... intensity in quick commerce has not shown signs of abating even in Q4 so far.
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 ...
Zomato said that its board has approved the amendment in the ... noteworthy because it came just days after its rival Swiggy launched its $1.4 Bn IPO. Meanwhile, Zepto is also eyeing a public ...
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 ...
MUMBAI: Zomato is renaming the company as Eternal to reflect the firm’s foray into other segments like quick commerce which has grown to be a big driver of the overall business. The Gurgaon-based ...
(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 ...
Food delivery majors Swiggy and Zomato may need to brace for a bumpy ... Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup ...
"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 ...
The leading food and grocery delivery giant informed in a regulatory filing to the stock exchanges that the company's board ... Zomato, will remain the same. Also Read: Zomato, Swiggy shares ...