Swiggy’s shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a ...

While Rapido has not officially announced its foray into food delivery, a proposal shared with restaurants shows that food ...

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.

Quick commerce is becoming the battleground where billions are being spent to capture wallet share. Blinkit, Zomato’s bet, ...

As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...

As Zomato’s Blinkit powers ahead, all eyes are on Swiggy’s Instamart and its path to profitability amid deepening losses and ...

Domestic brokerage Nirmal Bang has initiated coverage on Eternal and Swiggy with a 'Buy' rating; check target price here ...

Swiggy’s food delivery turns EBITDA positive, eyes 5% margin by FY28. Bolt drives growth, but quick commerce losses persist ...

Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to ...

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 ...

Zomato was valued at $12 Bn at the time of its public listing; Swiggy is eyeing a $15 Bn valuation for its planned IPO, a premium of over 40% to its previous valuation of $10.7 Bn ...

Notably, in FY24, Swiggy posted a GOV of INR 8,068.6 Cr in quick commerce, up over 57% YoY. Meanwhile, Zomato’s Blinkit clocked INR 12,469 Cr in FY24 GOV, up 93% YoY.