Zomato's rival Swiggy on Wednesday reported a Rs 799.08 crore net loss in the October-December period (Q3 FY25), as compared to a loss of Rs 625.53 crore in the previous quarter.
The food delivery platforms have faced challenges in onboarding new customers and scaling past the top eight cities, combined with an immaterial change in total orders being placed, say analysts, amid ...
Swiggy shares dropped over 7% to hit a new 52-week low of Rs 387 on the Bombay Stock Exchange (BSE) in early trade. At around ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Swiggy shares declined as much as 7.4% to hit its all-time low of ₹387 on the BSE today as Q3 loss widens by 39% to ₹799 ...
Swiggy's widening losses during the December quarter may be owing to the 32 per cent on-year rise in its expenses during the ...
Food aggregator Swiggy's consolidated loss widened to 7.99 billion rupees in Q3 due to significant investments in its quick commerce business. The company added 96 new dark stores, bringing the total ...
Shares of Swiggy plunged 8 per cent in early trade on Thursday on reporting ₹799 crore loss in the quarter ended December ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...
Swiggy’s shares fell 7.4% to a new 52-week low of Rs 385.25 on the BSE on Thursday following Q3 earnings; Should you buy, ...