Swiggy and Zomato lose a total $12 billion from their market caps as surging quick commerce investments and slowing growth in ...

Swiggys market capitalisation has now fallen below $10 billion, while Gurugram-based Zomatos valuation slipped under $23 ...

During its third quarterly earnings call for the financial year 2024-2025, Zomato clarified that the majority of its store expansions for Blinkit were classified as “densification in existing ...

In Q2FY25, Blinkit was near break-even, but its adjusted Ebitda margins slipped to -1% in Q3. Instamart’s margins fell from ...

Zomato is rebranding to Eternal Ltd. pending shareholder approval. This change involves updating the companys name, website, ...

Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.

Strong customer adoption is giving us the confidence to bring forward our store expansion plans and acquire customers faster for existing and new stores,” Dhindsa said. Recently, Zomato ...

Food delivery aggregator Zomato has hopped on an aggressive store expansion spree for its quick commerce business, Blinkit. This expansion has driven up investment costs, inflating Blinkit's ...

After factoring in estimated fuel costs of around Rs 5,000, Zomato claims the income remains highly competitive compared to ...

The stock fell 5.77 per cent to hit a low of Rs 359. This was the third session, out of a total five, when the stock plunged ...

Brokerages have been optimistic on Zomato considering the long-term prospects, while Blinkit and store expansion have dragged the profitability in the short-term. The management expects losses in ...

Prashanth Tapse told Business Today that if investors want to take a call, 60-70 per cent can be a weightage given to Zomato ...