Brokerage firm Citi has said that Zomato and Zepto have captured a larger market share in the quick delivery space, leaving ...
Swiggy and Zomato lose a total $12 billion from their market caps as surging quick commerce investments and slowing growth in ...
Shares of Swiggy plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an ...
In Q2FY25, Blinkit was near break-even, but its adjusted Ebitda margins slipped to -1% in Q3. Instamart’s margins fell from ...
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
Revenue is seen up 13.9% QoQ, led by Blinkit's rapid growth; EBITDA margin likely to improve to 5.1%, with profitability boosted by lower tax rates.
The quick commerce major has made the service available in select places including Bengaluru, Mumbai and Hyderabad. Users can ...
A name can mean everything—or nothing. When Zomato decided to rename its corporate entity to Eternal Ltd last week, the ...
while the margin for Zomato-owned rival Blinkit worsened by about 80 basis points. Instamart opened 96 new warehouses in the December quarter, nearly double than the previous quarter. The opening ...