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Expanding its offerings, foodtech major Swiggy has now rolled out its professional service marketplace Pyng for consumers.
Celebrating ramzan in Chennai? Break your fast with delicious and healthy meal boxes as we have discovered various spots in Chennai that go the extra mile to deliver Iftar special boxes. These 8 spots ...
BofA Securities downgraded both companies, citing concerns over their future growth prospects and the increasing competitive pressure in the food delivery industry. The research firm lowered its price ...
Zomato was downgraded to neutral from buy and Swiggy to underperform from buy as the two companies are expected to lag BofA’s adjusted EBITDA consensus. Investment ratings are given by stock ...
The Complainant ordered a 'Veg Chilli Loaded Burger' from Burger Buddy (“Restaurant”) using Zomato. Upon receiving the burger, the Complainant noticed that it contained certain non-veg components.
It expects losses to rise in the Q-com business over the next 12-15 months and believes that the pace of margin growth in the food delivery business will be slower. Both Swiggy and Zomato shares ...
Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery and rising competition in quick commerce. The brokerage has lowered ...
Listen to Story Swiggy and Zomato shares declined sharply during Wednesday's tradng session. Shares of food delivery giants Zomato and Swiggy tumbled in early trade on Wednesday, continuing their poor ...
Stock market today: Shares of India's two leading food delivery aggregators—Zomato and Swiggy—have faced heavy selling pressure in recent trading sessions as global brokerages turned cautious ...
The current quarter is likely to be another tough one for food delivery majors such as Swiggy and Zomato. During the January-March period (Q4), losses resulting from the quick commerce business ...
What’s next for investors? With increasing pressure on quick commerce and slowing cash flow projections in food delivery, investors are closely watching how Zomato and Swiggy navigate competition and ...
As Zomato and Swiggy invest in their respective 10-min in-house cafe offerings, the brokerage cites marginally higher investments. Food delivery that has been cash-cow has partly funded loss-making ...