Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
Swiggy is witnessing an impact from Zomato's quarterly results, which were reported on Monday. Zomato shares are also down 9% ...
The meeting comes on the heels of NRAI’s opposition to Zomato, Swiggy and others venturing into quick commerce food delivery ...
The fall in share prices of the food delivery and quick commerce companies, particularly Zomato, can be attributed to its ...
In Q3, Blinkit's GOV grew by 27.2% QoQ, maintaining a strong growth trajectory. However, profitability faced pressure, as ...
Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.
Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts ...
Brokerage firm JM Financial wrote in its note that it prefers Zomato over Swiggy amongst the two listed hyperlocal delivery ...
As per the association, Zomato and Swiggy are now using their market dominance to directly compete with the very businesses ...