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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 ...
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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 ...
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 ...
Indian food delivery and quick commerce startup Swiggy is getting into the link-building game to expand its customer base. Swiggy Minis, a Shopify alternative for small businesses to build their ...
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 ...
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 ...
IPO-bound Swiggyis rolling out a separate infrastructure for extended delivery timelines for some categories on Instamart as it tries to increase the selection and scope of its offerings.
Food delivery and grocery major Swiggy’s initial public offering has been oversubscribed by 3.59 times after a tepid response in the first two days. The qualified institutional buyers (QIBs ...
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