Swiggy and Zomato remain locked in intense competition across food delivery and quick commerce. Swiggy’s December quarter results highlight key challenges, with its net loss widening to rs 799 crore, ...
ONDC, two years in, faces mixed reactions: some praise its potential to democratise ecommerce, while others cite slow growth, ...
A few quarters of tepid growth in online food delivery space has forced Swiggy, Zomato to rework their strategies amidst ...
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...
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 ...
Swiggy released its fiscal third quarter earnings report wherein it recorded a widened loss of Rs 799.08 crore. (Image: Reuters) Food delivery company Swiggy on Wednesday released its fiscal third ...
Swiggy Q3 Results: Net loss of the food and grocery delivery platform widened to ₹800 crore in the December quarter of FY25; Pic by Hemant Mishra/mint EBITDA is an alternate measure of ...
(Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing slowing growth, adding to their financial pressures. Rising ...
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 ...
The brokerage stated that Swiggy’s Bolt and 10-minute food delivery could lead to lower average order value (AOV) growth, however hailing the latter as it reignites competition in the food ...
Image Source : PTI Swiggy incurred a net loss of Rs 574.38 crore in the year-ago period. Swiggy share price today: Shares of food and grocery delivery major Swiggy plunged 8 per cent on Thursday.