Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
The quick commerce sector, where Zomato and Swiggy dominate, is witnessing heightened rivalry. Investors are wary of the cost ...
The industry body said that suvival of many small businesses is under threat, with many of them in tier 2 and tier 3 towns ...
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
Zomato and Swiggy shares fell due to the former’s weak earnings and intensifying quick commerce competition. This and more in ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.
Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation ...
Swiggy shares fell 3.88% to INR 423.20 during intraday trade on BSE amid broader weakness in food delivery stocks ...
Zomato's stock dropped 5.05% to INR 203.80, marking its fourth consecutive day of losses, with the share price declining over ...