The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...
Swiggy's stock extended its losing streak, falling 5% on Tuesday after dropping 2.7% on Friday and 8.6% on Monday. Over six ...
They are, namely, Swiggy, Zomato and Zepto. While all these three companies are locked in a fierce battle, Swiggy and Zomato are the only ones that have made it to the equity markets, with Zepto ...
The Federation of Hotel & Restaurant Associations of India (FHRAI) has expressed significant concerns regarding Zomato and Swiggy’s foray into the private label food delivery business.
Restaurants are upset with Swiggy and Zomato for launching standalone apps, Snacc and Bistro, which deliver quick meals using customer data, moving beyond their role as marketplaces. Restaurants ...
Zomato may be ahead in the food delivery and quick commerce race, but its high valuation could give Swiggy the perfect chance to steal the spotlight and outshine with its stock performance.
Swiggy pioneered the concept in April 2023 with a modest Rs 2 fee, whilst Zomato followed suit in August 2023. (Image/PTI) Food delivery platforms Zomato and Swiggy are likely to continue charging ...
On the turnover side, Nalco led the chart. It was followed by HDFC Bank, which witnessed Rs 1,332 crore in turnover. IGL, TCS, Zomato, RIL, Tata Motors, Swiggy and BSE were some other stocks ...
CLSA compared Swiggy's earnings with Zomato's results while maintaining ... This level has historically acted as a barrier, as seen on the daily chart, where the stock has formed multiple tops.