FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
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 ...
Shares of Swiggy plunged 8% in early trade on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Operating revenue increased 31% to Rs 3,993 crore from Rs 3,049 crore last year. It reported a 19.2% year-on-year increase in ...
Bengaluru: Growth investments being made into Swiggy’s quick commerce arm Instamart will mature over time as the firm works ...
Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider ...
Bernstein said that the Quick Commerce segment was impacted by the hyper competitive environment, leading to higher marketing ...
Swiggy shares declined as much as 7.4% to hit its all-time low of ₹387 on the BSE today as Q3 loss widens by 39% to ₹799 ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
Food aggregator Swiggy's consolidated loss widened to 7.99 billion rupees in Q3 due to significant investments in its quick commerce business. The company added 96 new dark stores, bringing the total ...
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