Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
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The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
Zomato and Swiggy shares fell due to the former’s weak earnings and intensifying quick commerce competition. This and more in ...
Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
Buying vegetables from Indian street vendors comes with an unwritten rule: the customer is entitled to free coriander leaves, ...
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...
Swiggy is witnessing an impact from Zomato's quarterly results, which were reported on Monday. Zomato shares are also down 9% ...
The National Restaurant Association of India cites a harmful business environment and discount-driven models of aggregators.
The fall in share prices of the food delivery and quick commerce companies, particularly Zomato, can be attributed to its ...
ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising ...