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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 reported a doubled net loss of Rs 1,197 crore for the April-June period despite a 54% increase in operating revenue, ...
Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to ...
Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in its quick-commerce ...
Swiggy reports steady food delivery growth with an 18.8% increase in Gross Order Value in Q1. Despite a loss in quick commerce, efficiency is improving as the company re-evaluates its investment in ...
Swiggy share price has remained flat in one month, but rallied 25% in the past three months. The stock has fallen 9% in six ...
Jefferies believes that with a pause in dark store expansion in the short term and easing competitive intensity, Q1 likely ...
Shares of Swiggy fell as much as 4 percent to Rs 386 in morning trade on August 1 after it reported that its net loss widened ...
Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
Quick commerce and food delivery giant Swiggy on Thursday posted a wider net loss for the first quarter of the financial year ...
This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...