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

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

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

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 ...

(Image/Reuters) Zomato on Monday recorded fiscal third quarter earnings with profit recording a significant drop of 57.25 per cent to Rs 59 crore, primarily due to the ongoing store expansion.

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 ...

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

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 ...

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

Zomato Ltd faced double trouble in the December ... The increase was attributed to a higher store count and an uptick in sales of electronics, which typically carry higher value, as well as ...

Eternal is not a new name that Zomato had adopted suddenly, instead they first used the name when the company acquired ...

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