Foodtech major Swiggy has launched a new B2B platform called ‘Assure’ to deliver kitchen supplies to restaurants.
This will make Swiggy a direct competitor to Zomato’s Hyperpure in the restaurant supply space. With Assure, Swiggy is now entering the restaurant supply space aggressively, using its logistics ...
BofA Securities cut its rating on Zomato from 'Buy' to 'Neutral' and slashed its target price to Rs 250 from Rs 300, implying a 19 per cent upside from the last closing price. For Swiggy, the ...
BofA downgrades Zomato and Swiggy: Following the report, the share price of Zomato fell 3% in Wednesday’s trade to Rs 203.20. The quick commerce shares may be the toast of the town but BofA ...
After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the time may be right for investors to start adding these stocks to their portfolio carts.
Stock market today: Shares of India's two leading food delivery aggregators—Zomato and Swiggy—have faced heavy selling pressure in recent trading sessions as global brokerages turned cautious ...
Zomato and Swiggy, along with Zepto, are currently part of one of the most ever-evolving and intensely competitive markets. The food and quick commerce market has boomed in the recent past ...
Shares of Zomato and Swiggy depreciated on Wednesday after brokerage firm BofA Securities downgraded the shares and slashed target prices amid slow growth in the quick commerce space. This comes ...