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 ...
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 ...
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 ...
Restaurant body National Restaurant Association of India (NRAI) is protesting against Swiggy and Zomato's new 10-minute food delivery service. Advertisment Swiggy and Zomato, India's biggest ...
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 ...
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 ...
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 ...
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 ...