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Quick commerce is becoming the battleground where billions are being spent to capture wallet share. Blinkit, Zomato’s bet, ...
Food and grocery delivery firm Swiggy is battling widening losses, reporting a near 96% YoY increase in net loss to ₹1,197 ...
Domestic brokerage Nirmal Bang has initiated coverage on Eternal and Swiggy with a 'Buy' rating; check target price here ...
June, up from ₹374 crore a year ago. But its losses also shot up to ₹797 crore, compared to ₹280 crore last year. This steep ...
As Zomato’s Blinkit powers ahead, all eyes are on Swiggy’s Instamart and its path to profitability amid deepening losses and ...
Swiggy's move comes at a time when its cash reserves are depleting and its losses are widening in an increasingly competitive ...
Swiggy’s shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a ...
Swiggy’s quick commerce average Order value rose 26 per cent YoY to Rs 612 per order from Rs 487 in Q1FY25, driving a 96 basis points (bps) sequential improvement in contribution margin.
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in its quick-commerce ...
Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to ...
Zomato clocked in its first profit in the first quarter of FY24 whereas Swiggy continues to be loss making, according to data from its red herring prospectus. In 2021, as Zomato was gearing up for ...
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