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Swiggy’s even fiercer competition to Zomato? What lies ahead?Giving a direct challenge to Deepinder Goyal-led Zomato’s recently launched platform – District, a lifestyle app that combines dining, entertainment, and ticketing services, Swiggy has also ...
The stock fell 5.77 per cent to hit a low of Rs 359. This was the third session, out of a total five, when the stock plunged ...
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 ...
A few quarters of tepid growth in online food delivery space has forced Swiggy, Zomato to rework their strategies amidst ...
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 ...
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 ...
It cannot be transferred to a bank account. (Image/PTI) New payment methods have been operationalised on the mobile applications of Swiggy and Zomato’s Blinkit. These features were announced ...
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 ...
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 ...
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 ...
(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 ...
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