Today's drop in Zomato and Swiggy's share price comes after a media report suggested that brokerage firm BofA Securities ...

However, the issue of such heavy sell-off in Zomato’s and rival Swiggy’s shares is sector-specific. Steep competition in the food quick commerce businesses and massive cash burns by Zomato ...

It’s of course too soon to tell whether Nugget can become something bigger, but it should not be a major cost for Zomato at this point, particularly given its large cash reserves. Interestingly ...

As of December 31, 2024, Zomato had Rs 19,235 crore in cash reserves, showing resources to support Blinkit’s expansion and mitigate losses. Blinkit’s rivals, Swiggy and Zepto, have also ...

In this light, Zomato’s valuation for Paytm Insider seems even richer. Then there’s BookMyShow, a cash-rich company with nearly 20 years of experience in the movie and events ticketing ...

Swiggy and Zomato shares have corrected around 32% and 21% over the last three months given concerns around increasing cash burns in Quick commerce (QC). This was mostly on account of higher ...

BENGALURU: Quick commerce start-up Zepto CEO Aadit Palicha on Tuesday refuted Zomato founder Deepinder Goyal's comment on quick commerce cash burn statement as 'verifiably untrue'. Goyal in an ...