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 ...
"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 ...
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 ...
However, the National Restaurant Association of India opposed “private labelling" by e-commerce platforms Zomato and Swiggy accusing them of monopolising the market and violating marketplace ...
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. ...
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 ...
Bad news for Deepinder Goyal, not Zomato, Blinkit or Swiggy but this Indian app becomes world's second most downloaded app in… Zomato, Swiggy, Zepto delivery boys earn this much on every order ...
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