Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...
Quick commerce and food delivery player Swiggy saw its losses surge by 39% year-on-year (YoY) in Q3 FY25, bogged down by rapid expansion in the hotly contested quick commerce segment, along with a ...
A new Swiggy scam is surfacing, where delivery partners pretend to be injured and ask customers for money to visit the hospital. In a similar scam, a customer claimed he was defrauded of Rs 10,000 ...
A Reddit post detailing a bizarre Swiggy delivery incident in Bengaluru has left social media questioning personal safety and data security. A man claimed that his girlfriend received a call from ...
The brokerage stated that Swiggy’s Bolt and 10-minute food delivery could lead to lower average order value (AOV) growth, however hailing the latter as it reignites competition in the food ...
The person explained that his girlfriend had received a call from someone posing as a Swiggy delivery executive. Since the woman wasn’t home, she had asked the delivery partner to leave the ...
(Reuters) - Shares of Swiggy plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an expansion of its quick commerce stores to counter rivals such ...
(Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing slowing growth, adding to their financial pressures. Rising ...
Food delivery majors Swiggy and Zomato may need to brace for a bumpy ride as growth in food delivery, their core business, seems to be catching a headwind. The two firms, which operate in a ...
Food delivery platform Swiggy’s net loss widened 39 per cent to ₹799 crore for the quarter ended December 31, 2024. It reported a net loss of ₹574 crore in the year-ago period. The revenue ...
A Bengaluru man in a recent post shared that his girlfriend received a call from Swiggy agent who said that ... place any order for her also none of my delivery account has her address saved ...