Swiggy and Zomato lose a total $12 billion from their market caps as surging quick commerce investments and slowing growth in core food delivery business affect investor sentiment.
Quick commerce in India is facing mounting challenges despite its rapid growth. Giants like Swiggy, Zomato, and Zepto are ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between ...
As Zomato is focusing on store expansion and that phase slows down, Blinkit’s margin expansion will accelerate. The brokerage has a ‘Buy’ rating on the stock, with a target price of Rs 320.
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 ...
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 ...
Zomato tumbled almost 11% to a six-month low ... “As we continue to bring forward store expansion, our networks may have to carry a greater load of under-utilized stores which will impact ...
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Prashanth Tapse told Business Today that if investors want to take a call, 60-70 per cent can be a weightage given to Zomato ...
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