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 ...
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 ...
Indian quick-commerce startup Zepto achieved the distinction of becoming the world’s second most downloaded app in the food and drink category in 2024, as per data from Sensor Tower. The US fast ...
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 ...
The Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio, which includes ...
Bad news for Deepinder Goyal, not Zomato, Blinkit or Swiggy but this Indian app becomes world's second most downloaded app in… Zomato, Swiggy, Zepto delivery boys earn this much on every order ...
Several brokerage firms have identified new age food delivery aggregators Zomato and Swiggy as the key beneficiaries of the budget driven consumption push. Even within the two rivals, bullishness ...
The move marks a shift for the company, from when investors were skeptical about Zomato's acquisition of Blinkit in mid-2022, to quick commerce-led growth drawing increasing investor interest. Blinkit ...
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 ...
However, the National Restaurant Association of India opposed “private labelling" by e-commerce platforms Zomato and Swiggy accusing them of monopolising the market and violating marketplace ...
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 ...
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