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Swiggy valued at $12 bln after surging on debut Investors bet on quick-commerce, food delivery boom Broader markets sell off sharply $1.4 bln IPO saw strong response from large investors Prosus ...
Revenue from Swiggy's core food ordering business increased 18% YoY to ₹1,629 crore, with segment EBIT increasing substantially to ₹220 crore from ₹42 crore. Swiggy is providing a money-back ...
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India's Swiggy flags peak in quick commerce losses(Reuters) -India's Swiggy said on Friday that adjusted core losses had likely peaked in its rapidly expanding Instamart quick commerce business, where heavy investments to fend off deep-pocketed ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in ...
Shares of Swiggy ended debut day up 10.67% at ₹455.95 ($5.4) on Wednesday as the food-delivery and quick-commerce startup concluded India’s second-largest IPO this year. The closely watched ...
Nov 8 (Reuters) - Food and grocery delivery firm Swiggy's (SWIG.NS), opens new tab $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with ...
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Swiggy Q4 FY25 Adjusted EBITDA Loss Increased to INR 840 CroreSwiggy Ltd. reported a surge in overall business activity for the fiscal year ended March 31, 2025, with gross order value (GOV) from its core platform rising nearly 40 per cent year-on-year to ...
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside of its stake in the ...
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