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Quick commerce is becoming the battleground where billions are being spent to capture wallet share. Blinkit, Zomato’s bet, ...
F ood and grocery delivery platform Swiggy is reportedly planning to sell its entire 12% stake in ride-hailing startup Rapido ...
Rapido is being seen as a great demand generation channel like Paytm & Ola and restaurants may find it as a viable ...
Zomato clocked in its first profit in the first quarter of FY24 whereas Swiggy continues to be loss making, according to data from its red herring prospectus. In 2021, as Zomato was gearing up for ...
Swiggy’s shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a ...
Swiggy, one of India’s largest food delivery and quick-commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s ...
Zomato, Swiggy platform fee: Both Zomato and Swiggy continue to remain in focus given the fact that both the companies have retained the platform fee hike that they had taken just ahead of Diwali.
With losses narrowing and food delivery turning profitable, Swiggy is shifting gears to focus on efficiency and breakeven ...
Domestic brokerage Nirmal Bang has initiated coverage on Eternal and Swiggy with a 'Buy' rating; check target price here ...
Zomato, which reported a profit of $20.9 million on revenue of $570 million (up 70% year-on-year) in the quarter ended September, faces intense competition from Swiggy, Zepto, and BigBasket.
Swiggy has increased its platform fee to INR 10 from INR 7 per order on its food delivery service, marking a 43% rise, following rival Zomato’s suit.
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