A few quarters of tepid growth in online food delivery space has forced Swiggy, Zomato to rework their strategies amidst ...
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 ...
Foodtech major Swiggy has reportedly asked its restaurant partners today to pay an additional 2% collection fee on all orders ...
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 ...
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 ...
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 ...
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 ...
"If investors want to take a call, 60-70 per cent can be a weightage given to Zomato and 30-40 per cent weightage to Swiggy at this point," Tapse added. Zomato shares climbed 2.10 per cent to ...
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 ...
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 ...