Swiggy is betting on its 10-minute food delivery offering to drive market growth and market share in the medium term, even as rival Zomato exits the space, citing operational challenges and poor ...

Bengaluru-based Swiggy has recovered some lost ground and increased its market share by one percentage point, based on its gross order value (GOV), at the cost of Gurugram-headquartered Zomato ...

Meanwhile, Zomato, Swiggy’s closest competitor, reported a 78% year-on-year decline in net profit to Rs 39 crore for the March quarter, while its revenue surged 64% to Rs 5,833 crore.

Swiggy Limited, India’s leading food delivery and quick commerce platform, ramped up its advertising and promotional expenditure to a massive Rs 2,712 crore in the financial year ended March 31 ...

has raised concerns over the rising number of safety issues and complaints related to delivery personnel employed by online food delivery and quick commerce platforms such as Swiggy, Zomato ...

However, while Swiggy is trying to scale up its food operations, peer Eternal, formerly Zomato, has shut down its 15-minute food delivery service Quick as well as homely meal platform Everyday, citing ...

The company also claimed that in less than 6 months of being launched, Bolt already powers more than 1 in every 10 Food delivery orders delivered by Swiggy. Meanwhile, its rival Zomato ...

The shares of Swiggy jumped over 12 percent on May 5 after ... The surge in the share price was further fueled after rival Eternal (formerly Zomato) announced that it was exiting the 10-minute ...

Swiggy share price surged over 12% on Monday ... The development comes just a day after rival Zomato revealed plans to shut down its 10-minute food delivery service, Instant (formerly Quick ...

The sharp rise in Swiggy’s share price came after an announcement that its 10-minute food delivery service, Bolt, has expanded to over 500 cities in India. It may be noted that the announcement comes ...