MUMBAI: Zomato is renaming the company as Eternal to reflect the firm’s foray into other segments like quick commerce which has grown to be a big driver of the overall business. The Gurgaon-based ...
During the course of his meetings, CEO Palicha has told mutual fund houses that Zepto will breakeven on an earnings before ...
A few quarters of tepid growth in online food delivery space has forced Swiggy, Zomato to rework their strategies amidst ...
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 ...
However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy Ltd’s food ... intensity in quick commerce has not shown signs of abating even in Q4 so far.
Food tech major Zomato has changed its name to Eternal and the company’s board has approved the same, the company said in a ...
The leading food and grocery delivery giant informed in a regulatory filing to the stock exchanges that the company's board ... Zomato, will remain the same. Also Read: Zomato, Swiggy shares ...
"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 ...
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 ...
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 ...
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 ...