Among quick commerce users, Zomato's Blinkit emerged as the top choice, followed by Zepto and Swiggy Instamart.
Jefferies downgraded shares of Zomato to 'hold' last week, citing the sharp run-up in the stock through 2024 and concerns over rising competition in the quick commerce space. Swiggy a key player ...
Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting ...
This will make Swiggy a direct competitor to Zomato’s Hyperpure in the restaurant supply space. With Assure, Swiggy is now entering the restaurant supply space aggressively, using its logistics ...
Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command ...
Indian stock market: Shares of India's two leading food delivery aggregators—Zomato and Swiggy—have witnessed a sharp decline from their recent peaks, slipping to multi-month lows. The ...
After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the ... Photograph: PTI Photo from the Rediff Archives Their optimism, they say, stems from ...
Zomato may be ahead in the food delivery and quick commerce race, but its high valuation could give Swiggy the perfect chance to steal the spotlight and outshine with its stock performance.
India’s food-tech unicorns Zomato and Swiggy -- valued at $5.4 billion and $3.5 billion respectively -- have a long way to go to catch up to their food delivery counterparts across the world ...