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 ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
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 ...
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 restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ‘private labels’ by Zomato and Swiggy ...
The board of Zomato has approved the proposal to change the name of the company from ‘Zomato Limited’ to ‘Eternal Limited’.
India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce ...
Zomato will now be officially called Eternal. This and more in today’s ETtech Top 5. Also in the letter: ■ Sam Altman ...
Bernstein said that the Quick Commerce segment was impacted by the hyper competitive environment, leading to higher marketing ...
Despite the name change, the Zomato app will continue to operate under its existing name. However, the company’s stock ticker ...
Indian apps continue to dominate global markets. Zepto’s rise shows the growing influence of Indian startups on the world ...