Shares of quick commerce players--Swiggy and Zomato extended losses and dropped another 3 percent on January 22 amid growing concerns over intensifying competition in the sector. These concerns ...
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 ...
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Shares of Zomato Ltd. and its peer Swiggy ...
While brokerages like Jefferies acknowledged the strategic move, they also raised concerns about rising competition, potentially pushing rivals like Swiggy to accelerate their own growth plans. The ...
Swiggy's SNACC and Zomato's Blinkit Bistro are an attempt to replicate the model used by their own quick-service companies. It is also an answer to the rapidly expanding Zepto Cafe, which offers ...
The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of abusing their dominant market positions The National Restaurant Association ...
potential legal challenge against the ultra-fast food delivery verticals of Swiggy and Zomato. IFAT argued that gig workers face immense pressure to meet the “unrealistic expectations” of 10 ...
The negative sentiment also spilled over to its rival, Swiggy. Zomato's profitability tumbled by 57.3% YoY in Q3FY25 to ₹59 crore, primarily attributed to increased investments in accelerated ...
Global brokerage JP Morgan believes that both Swiggy and Zomato are available at attractive prices for taking positions in them. Similarly, Zomato also trimmed its day's early gains of up to 7.27 per ...
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