Quick commerce is becoming the battleground where billions are being spent to capture wallet share. Blinkit, Zomato’s bet, ...

Swiggy’s shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a ...

Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to ...

(Reuters) -Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in its ...

The 10-minute food delivery boom is fizzling out, with Zomato and Zepto stepping back amid supply chain and execution hurdles. Swiggy, however, is betting big on its Bolt vertical—despite growing ...

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.

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 ...

Swiggy holds about a 12% minority stake in Rapido, and has acknowledged its entry into the food delivery space as a potential conflict of interest.

As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...

Swiggy’s food delivery turns EBITDA positive, eyes 5% margin by FY28. Bolt drives growth, but quick commerce losses persist ...

With losses narrowing and food delivery turning profitable, Swiggy is shifting gears to focus on efficiency and breakeven ...

Swiggy, one of India’s largest food delivery and quick-commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s ...