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 ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
After Blinkit's 10-minute ambulance, Zepto will deliver cars in 10 minutes. Well, it will not 'deliver' these cars, but will ...
MOFSL said the food delivery segment remains a stable duopoly but increased competition and aggressive dark store expansion ...
Swiggy shares drop 8% amid profit decline and store expansion woes. Explore market expectations and future forecasts.
Bengaluru: Growth investments being made into Swiggy’s quick commerce arm Instamart will mature over time as the firm works ...
Swiggy stock was under pressure after disappointing Q3 earnings. Analysts flagged growth concerns on the quick commerce ...
Shares of Swiggy plunged about 8% to hit a record low on Thursday after the food and grocery delivery giant reported a widened third-quarter loss on rising expansion expenses to meet ...
Zepto has moved into an entirely different lane in the Q-commerce journey and will offer test drive of the new Skoda Kylaq in just 10 minutes.
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Brokerages offered mixed views on Swiggy after its net loss widened to Rs 800 crore in Q3FY25 from Rs 524 crore a year ago, as rising competitive intensity and aggressive dark store expansion continue ...
Swiggy reported a 31% revenue growth to Rs 3,993 crore in Q3, but losses widened to Rs 799 crore due to investments in quick ...
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