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After Swiggy, its online food delivery rival Zomato has made a new change to its Gold membership benefits for the rainy season. Starting from Friday, Gold members will no longer be exempt from ...
Recently listed Swiggy's shares have declined by 22.37 per cent since listing, while Zomato, a subsidiary of Eternal Ltd, has delivered a return of 60.71 per cent from its listing price. The brokerage ...
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 ...
BofA downgrades Zomato and Swiggy: Following the report, the share price of Zomato fell 3% in Wednesday’s trade to Rs 203.20. The quick commerce shares may be the toast of the town but BofA ...
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 ...
Shares of Zomato and Swiggy depreciated on Wednesday after brokerage firm BofA Securities downgraded the shares and slashed target prices amid slow growth in the quick commerce space. This comes ...
“These are early discussions to determine if Rapido can challenge the Zomato-Swiggy duopoly. The company already offers delivery services for individual restaurants using its two-wheeler fleet.
Take, for example, the warm hues of red and yellow that dominate Zomato's branding and ... nature with a sense of reliability. Swiggy's choice ensures that the app feels both fun and dependable. CRED ...
NEW DELHI, March 6 (Reuters) - Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation ...
The fight between India’s National Restaurant Association of India (NRAI) and food delivery giants Swiggy and Zomato continues to intensify. NRAI alleges that the two platforms are misusing ...
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 ...
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