Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
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 ...
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 ...
Shares of Swiggy plunged 8 per cent in early trade on Thursday on reporting ₹799 crore loss in the quarter ended December ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
After Blinkit's 10-minute ambulance, Zepto will deliver cars in 10 minutes. Well, it will not 'deliver' these cars, but will ...
It all began when Sanjay Krishna, a product manager at Entri App, applied for a post of Chief of Staff at the online food ...
Zepto has moved into an entirely different lane in the Q-commerce journey and will offer test drive of the new Skoda Kylaq in just 10 minutes.
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Bernstein said that the Quick Commerce segment was impacted by the hyper competitive environment, leading to higher marketing ...
Eruditus is eyeing $1 billion in revenue within five years by focusing on organic growth, and exploring new initiatives.