inc422d
Zomato, Swiggy’s Wall: Has Food Delivery In India Hit A Dead End?
A few quarters of tepid growth in online food delivery space has forced Swiggy, Zomato to rework their strategies amidst ...
inc421d
Swiggy Instamart Behind Blinkit, Zepto In Quick Commerce Race: Citi
Brokerage firm Citi has said that Zomato and Zepto have captured a larger market share in the quick delivery space, leaving ...
Your Story20h
Burning billions in the 10-min delivery game; Plans for faster drone adoption
Swiggy and Zomato lose $12 billion from their market caps as surging quick commerce investments spook investors. ideaForge ...
The Free Press Journal4d
Zomato, Swiggy Shares Fall As Investors Go Bearish On Quick Service Amid General Market Slowdown
The benchmark indices are trading in red with deep cuts on Monday, February 10. Staying Away From Swiggy & Zomato? This comes to pass as volatility in the Indian markets continues. Meanwhile ...
Business Today4d
Swiggy shares at Rs 300 or Rs 500? Zomato peer down 22% in 5 days; here're target prices
They said there are initial signs that the execution gap is widening between Swiggy's Instamart and Zomato's Blinkit. On Monday, the scrip fell 5.77 per cent to hit a low of Rs 359. This was the ...
Swiggy, Zomato shares extend fall as quick commerce burn weighs
Swiggy’s market capitalisation has now fallen below $10 billion, while Gurugram-based Zomato’s valuation slipped under $23 billion. Jefferies recently flagged rising competition in quick commerce, ...
Zomato, Swiggy Shares Fall As Investors Go Bearish On Quick Service Amid General Market Slowdown
The Indian equity markets have started the new trading week on a weak note. The benchmark indices are trading in red with ...
India.com4d
Bad news for Blinkit, Zepto, and Swiggy Instamart as new Indian startup claims to deliver ‘humans’ in 10 minutes for…, no connection with Mukesh Ambani, Adani
Today, with Blinkit, I feel we are there,” said Deependra Goyal, Co-founder of Zomato. Swiggy’s loss widens 39 pc to Rs 799 crore in Q3 Zomato’s rival Swiggy on Wednesday reported a Rs 799. ...
Mint4d
Swiggy share price dips over 5% amid Instamart technical glitch; stock down over 30% YTD
Swiggy share price declined over 5% on Monday, extending its losing streak for the fifth straight session. Swiggy shares plunged as much as 5.77% to a low of ₹359.00 apiece on the BSE. Swiggy ...
MediaNama4d
Earnings Call: Swiggy Clarifies Increased Customer Acquisition Costs, Additional Service Levers
Swiggy attributes this activity to the heightened competitive intensity in the current market. Further, Instamart CEO Amitesh Jha added that customer acquisition cost and retention variables ...
moneycontrol.com4d
Swiggy shares fall 5% to trade below IPO price, extend decline to 18% post-Q3 results: What's spooking investors?
Swiggy share price fell over 5 percent to hit ... basis points compared to the previous quarter, while the margin for Zomato-owned rival Blinkit deteriorated by around 80 basis points.
NDTV4d
Swiggy Instamart Glitch Gives Users Up To Rs 5 Lakh In Free Cash, Coupons
A technical glitch on the Swiggy Instamart app reportedly credited massive discount coupons to its users, allowing them to place orders almost free. The revelation came from a Reddit user who ...