Both Swiggy and Zomato are aggressively scaling up. Swiggy opened 316 dark stores in the March quarter, more than in the previous six quarters combined, pushing its adjusted Ebitda loss to ₹840 ...

Shares of Swiggy and Zomato rose up to 3% on May 16 after the food delivery majors reduced membership benefits ahead of monsoon season. Swiggy One and Zomato Gold users now face a "rain surcharge ...

After Swiggy, its online food delivery rival Zomato has made a new change to its Gold membership benefits for the rainy season. Starting from Friday, Gold members will no longer be exempt from ...

Food delivery majors Zomato (now Eternal) and Swiggy have both removed the surge fee waiver during rains for their loyalty programme users, according to in-app updates. The move essentially means ...

Under the rebranding, Instamart has also unveiled a fresh logo, which contains the Swiggy “S-Pin” icon as a “subtle tribute to the brand’s origins”. Swiggy’s rival Zomato also renamed ...

Food delivery giants Zomato and Swiggy have quietly withdrawn a key perk from their respective loyalty programmes, leaving subscribers to bear the full brunt of surge pricing during rainy weather.

However, shares of both Swiggy and Zomato rallied more than 3% during the intraday trading sessions today. While Swiggy’s shares jumped from INR 316.15 to a high of INR 327.15, marking a gain of ...

Zomato, Eternal's food delivery arm, also made a similar move by removing the rain surge fee waiver for its Gold Members. Swiggy has been looking to aggressively promote its food delivery business.

Even delivery boys of companies like Zomato, Swiggy, Amazon, and Flipkart will also get benefits of the scheme. Gig workers are individuals employed on a contract basis and are compensated per ...

Zomato and Swiggy have axed one of the most valued perks of their loyalty programmes: immunity from surge pricing during bad weather. Whether you're on Zomato Gold or Swiggy One, those rainy-day ...

Swiggy and Zomato are scaling back non-core bets such as 10-minute food delivery, private labels, and event logistics to sharpen focus on core businesses and improve profitability Both companies ...

Eternal, which runs Zomato, had a 78 per cent drop in profits in the last quarter. It made only Rs 39 crore, down from Rs 175 crore a year ago. Swiggy reported a loss of over Rs 1,081 crore in the ...