Still, Swiggy's cash reserves of ₹82 billion ($936 million) are less than half of Zomato's ₹190 billion ($2.2 billion), though Swiggy did manage to increase its average order value in quick ...
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 in ...
Swiggy’s stance on unified vs diversified apps In the past few months, Swiggy has launched three standalone apps- its 10-minute food delivery app Snacc, its quick commerce venture Instamart ...
Swiggy’s Chief Financial Officer, Rahul Bothra, expects strong growth in the quick commerce business and healthy store additions in the January-March 2025 (Q4FY25) quarter. He explained that quick ...
Top quick commerce apps are rapidly expanding to chase growth at a time when the food delivery business is showing signs of slowing. Swiggy and its peer Zomato have intensified their focus on quick ...
Swiggy hits record low on wider quarterly loss Shares of the company were last trading about 4 per cent lower at 401.65 rupees, and were set for a seventh straight week of decline. Reuters ...
Food delivery platform Swiggy saw its losses widening to ₹799 crore for the third quarter ended December 31 as expenses climbed. The company had posted a loss of ₹574.38 crore in the year-ago period.
Shares of Swiggy plunged 8 per cent before closing 7 per cent lower on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding ...
New Delhi: Food and grocery delivery major Swiggy on Wednesday reported widening of consolidated loss to Rs 799.08 crore for the third quarter ended December 2024. The company had incurred a net ...
Let us go over the scam to understand it better and prepare ourselves to be safe from this. Ankur posted, "On 20th Jan, I was scammed by a Swiggy delivery agent named "Rohit Saxena", who ...
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