Race to deliver fast intensifies: quick commerce firms burning Rs 1,500 crore a month
The monthly cash burn for quick commerce players, including new entrants, has surged to Rs 1,300-1,500 crore, doubling in ...
Your Story2d
Fast, but furious: Quick commerce concerns burn billions from Zomato, Swiggy market caps
Swiggy and Zomato lose a total $12 billion from their market caps as surging quick commerce investments and slowing growth in ...
Your Story2d
Burning billions in the 10-min delivery game; Plans for faster drone adoption
Swiggy and Zomato lose $12 billion from their market caps as surging quick commerce investments spook investors. ideaForge ...
Amazon rival to Swiggy’s Instamart, Blinkit and BB Now starts testing in this city
Amazon has launched its 10-minute delivery service, Amazon Now, in select areas of Bengaluru, marking its entry into India's ...
Blinkit, Zepto ahead of Swiggy Instamart in quick commerce, says Citi
Blinkit is leading with a 41 percent market share, while Swiggy Instamart may be in the third spot, behind Zepto, with a ...
The Financial Express3d
Swiggy down 36% in 2025 but Citi sees 30% upside hereon: Find out why
Citi maintains a 'Buy' call on Swiggy despite a 36% YTD fall, predicting a 30% upside. Learn why Swiggy remains a strong ...
Swiggy, Zomato shares extend fall as quick commerce burn weighs
Swiggys market capitalisation has now fallen below $10 billion, while Gurugram-based Zomatos valuation slipped under $23 ...
Swiggy & Zomato Stocks Tumble: Q3 Woes, Market Volatility and Investor Concerns
The broader market downturn has only made matters worse for Swiggy and Zomato. As of 1:30 PM on February 11, the Sensex was down 1,102.78 points (1.43%), trading at 76,209.02, while the Nifty had ...
Swiggy Shares Drop 6%, To Trade Below IPO Price; Should You Buy Or Time To Sell?
The stock has been under pressure as analysts have revised their loss estimates for Swiggy's quick commerce business ...
Swiggy shares at Rs 300 or Rs 500? Zomato peer down 22% in 5 days; here're target prices
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 ...
Swiggy, 2024’s biggest tech listing, falls below its IPO price and 2022 valuation
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses ...