FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
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 ...
The food delivery platforms have faced challenges in onboarding new customers and scaling past the top eight cities, combined with an immaterial change in total orders being placed, say analysts, amid ...
Operating revenue increased 31% to Rs 3,993 crore from Rs 3,049 crore last year. Swiggy’s overall gross order value (GOV) ...
India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce ...
Despite the name change, the Zomato app will continue to operate under its existing name. However, the company’s stock ticker ...
Bernstein said that the Quick Commerce segment was impacted by the hyper competitive environment, leading to higher marketing ...
The board of Zomato has approved the proposal to change the name of the company from ‘Zomato Limited’ to ‘Eternal Limited’.
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Share prices of new age stocks as Zomato and Swiggy corrected up to 7% and even slightly more with the stock market crashed.
Indian apps continue to dominate global markets. Zepto’s rise shows the growing influence of Indian startups on the world ...