Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
In Q3, Blinkit's GOV grew by 27.2% QoQ, maintaining a strong growth trajectory. However, profitability faced pressure, as ...
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 ...
Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.
The slump took Swiggy's shares to an eight-week low of ₹427 each, close to its IPO price of ₹420/share. Zomato 's ...
New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the ...
Zomato shares fell 12% after reporting a 57.2% drop in net profit for the December quarter, attributed to aggressive store ...
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
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Shares of food tech unicorn plunge 12 per cent after the food delivery aggregator reported a 57.2 per cent drop in ...