Double whammy for Swiggy, Zomato: Quick commerce losses to be higher in Q4; food delivery growth to slow, says BofA
The findings come after both Swiggy and Zomato had a tough Q3. While the Bengaluru-based company saw its losses widen 39 ...
Inc4218h
Swiggy Gets INR 99 Lakh Tax Demand Notice
Foodtech major Swiggy has received an income tax demand notice of INR 53.5 Lakh and an interest amount of INR 45.44 Lakh, ...
Inc4221h
BofA Downgrades Swiggy, Zomato Citing Rising Losses In Q-Com
Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth ...
NewsX5h
Surge In Online Grocery Shopping, Quick Commerce Platforms Bloom With Two Thirds Of Online Orders
India’s quick commerce sector, led by platforms like Blinkit, Zepto, and Swiggy Instamart, has witnessed a meteoric rise, ...
Quick commerce accounted for over two-thirds of e-grocery orders, one-tenth of e-retail spends in 2024: Flipkart-Bain report
As per the report, the quick commerce sector reached a total gross merchandise value (GOV) of $7 billion in 2024, up from ...
GIFT Nifty down 35 points; here's the trading setup for today's session
Indian equities saw a decline, with the Nifty index falling 182 points due to profit-booking amid uncertainty over upcoming ...
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