The stocks continued to reel under the effect of their weak performance in the October-December quarter of the current ...
Shares of food and grocery delivery majors Swiggy and Zomato fell further as quick commerce burn takes a toll. Swiggy’s market capitalisation has now fallen below $10 billion, while Gurugram-based ...
Market LIVE: Zomato, Power Grid, TaMo, others drag Sensex 350pts down to 76,950; SMIDs shed up to 3%
Investors are likely to assess tariffs on steel and aluminium imports to the US, while keeping an eye on December quarter ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than halved on Monday, as rising competition in the quick commerce space and ...
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
Zomato's rival Swiggy on Wednesday reported a Rs 799.08 crore net loss in the October-December period (Q3 FY25), as compared to a loss of Rs 625.53 crore in the previous quarter.
Operating revenue increased 31% to Rs 3,993 crore from Rs 3,049 crore last year. Swiggy’s overall gross order value (GOV) ...
In a strategic move aimed at streamlining its diversified business portfolio, Zomato's board of directors has approved a ...
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