The Financial Express5d
Swiggy, Zomato face rising costs amid slowing growing in food delivery biz
FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Your Story6d
Swiggy's quick commerce profit margins hurt as expansion, discounts take precedence
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
India's Swiggy slumps to record as quick-delivery push hits margins, deepens loss
Shares of Swiggy plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an ...
Swiggy’s Q3 losses widen 40% to Rs 799 crore; Instamart margins hit amid rising competition
Swiggy reported a 31% revenue growth to Rs 3,993 crore in Q3, but losses widened to Rs 799 crore due to investments in quick ...
Swiggy shares crash 7% as Q3 loss widens, brokerages see tough quarter ahead
Swiggy received mixed views post its Q3 results. Macquarie reiterated its underperform call, setting a target of Rs 325, ...
Kotak sees Zomato shares rallying up to 26%, maintains buy rating
Kotak Institutional Equities reaffirmed a "buy" rating on Zomato, maintaining a target price of Rs 275, citing strong food ...
India.com2d
Bad news for Blinkit, Zepto, and Swiggy Instamart as new Indian startup claims to deliver ‘humans’ in 10 minutes for…, no connection with Mukesh Ambani, Adani
Bad news for Blinkit, Zepto, and Swiggy Instamart: In a move that could impact the quick commerce delivery market, Topmate, a new Indian startup, has claimed of “delivering” humans in 10 minutes.