Swiggy’s loss widens 39 pc to Rs 799 crore in Q3
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.
Delivering less? Swiggy, Zomato struggle to keep food delivery momentum going
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 ...
The Pioneer39m
Swiggy shares tumble nearly 8 pc; hit 52-week low as Q3 loss widens
Shares of food and grocery delivery major Swiggy on Thursday dropped nearly 8 per cent after the firm reported widening of consolidated loss to Rs 799.08 crore for the third quarter ended December 31, ...
Swiggy management confident of EBITDA profitability by Q3 FY26
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick ...
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Swiggy eyes strong growth in quick commerce and store expansions in the fourth quarter
Swiggy’s Chief Financial Officer, Rahul Bothra, stated that Bolt, launched in October, now contributes nearly 9% of the company’s total food delivery volume..
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Zepto Grabs #2 Spot in Global Food Apps
Zepto, the Indian quick commerce startup, last year became the world's second most downloaded mobile app on mobiles in the ...
Mysterious calls and fake orders? Bengaluru residents report unusual delivery 'scams'
Bengaluru residents are reporting unusual delivery scams involving major e-commerce platforms. Two incidents shared on Reddit have sparked concerns over security breaches and fraudulent activities ...
CLSA cuts Swiggy stock target to INR726, keeps outperform rating
CLSA adjusted its outlook on Swiggy Ltd (SWIGGY:IN), reducing the price target to INR726.00 from the previous INR750.00, while continuing to recommend the stock as Outperform. The firm's decision ...
Swiggy stock target cut to INR575 by Bernstein SocGen
Bernstein SocGen analysts adjusted their outlook on Swiggy Ltd (SWIGGY:IN), reducing the price target from INR635.00 to INR575.00, while maintaining an Outperform rating on the stock. The analysts ...
DeshGujarat1h
Subway via Swiggy sends Non-veg food for Veg order in Ahmedabad
Ahmedabad: In yet another case of non-veg food delivery instead of the ordered vegetarian food, a customer from Ahmedabad allegedly received a non-vegetarian sandwich from ...
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Competition, Dark Stores Expansions To Impact Quick Commerce’s Margins: Swiggy’s Majety
With investments being made by incumbents as well as new players, the quick commerce business is witnessing a heightened ...
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Swiggy Share Price Slides on Wider Q3 Losses: What’s Next for the Food Delivery Giant?
Swiggy Share Price Slides on Wider Q3 Losses! It’s been a whirlwind quarter for Swiggy, the popular food-delivery and quick-commerce platform that has become a household name ac ...