The shares of food delivery rivals Swiggy and Zomato saw a strong surge in share prices on February 19. Swiggy shares jumped nearly 7 percent to trade at Rs 372, while those of Zomato surged around 5 ...
Nykaa's stock has dropped over 50% since its listing. In Q3, its revenue grew by 26.7% YoY to Rs 2,267.2 crore, while PAT ...
Swiggy’s stock market entry has raised the stakes for Zomato. In this battle of volumes and valuations, where can investors ...
Deepinder Goyal told ET that even as rivals like Zepto haemorrhage cash, Blinkit is walking away with a minimal burn. This ...
The stock has fallen nearly 26 percent since its Q3 results. Swiggy shares are currently ... personnel during the seasonally-strong quarter. Zomato shares have also seen a significant downfall ...
Instamart’s margins fell from -10.6% in Q2 to -14.8% in Q3. Both remain committed to aggressive expansion. Zomato plans to double its dark store count from 1,000 to 2,000 by December ...
Swiggy's closest peer in both food delivery and quick commerce, Zomato, saw its profits decline by 57.24% YoY to Rs 59 crore in Q3 as Blinkit's rapid expansion and a slowdown in food delivery hurt ...
Zomato has pumped ₹4,300 crore into Blinkit so far since it took over the online grocery delivery company—previously ...
Also Read: Zomato Q3 Results: Net profit drops 57% to ₹59 crore, revenue up 64.4%; GOV for B2C biz rises 57% YoY "When we acquired Blinkit, we started using "Eternal" (instead of Zomato ...
The weak Q3 results have made investors nervous ... However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy’s profitability is far inferior to that of Zomato ...
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