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 ...
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 ...
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 ...
While brokerages like Jefferies acknowledged the strategic move, they also raised concerns about rising competition, potentially pushing rivals like Swiggy to accelerate their own growth plans. The ...
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 ...
The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of abusing their dominant market positions The National Restaurant Association ...
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 ...
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 ...
Swiggy's SNACC and Zomato's Blinkit Bistro are an attempt to replicate the model used by their own quick-service companies. It is also an answer to the rapidly expanding Zepto Cafe, which offers ...
"We will be adding to our petition in CCI about them (Zomato, Swiggy) doing private labels through Bistro and Snacc," Daryani shared. He said NRAI will also request CCI to investigate complaints ...