Sensex, Nifty extended their losing streak for the fourth consecutive session on February 10, as fresh concerns over US ...

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 ...

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 ...

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 ...

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 ...

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 ...

"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 ...

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 ...