Zomato and Swiggy shares drop after BofA downgrade, while analysts predict challenges ahead in quick commerce sector.
BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...
The app is a B2B platform for kitchen supplies and a one-stop shop for the HoReCa (hotels, restaurants, and caterers) ...
Shares of Zomato and Swiggy were sharply lower amid buzz of quick commerce rival Zepto's $250 million secondary sale ahead of ...
Zomato, the food ordering and delivery platform, announced the launch of its latest campaign for Zomato Quick, its 10-minute ...
Swiggy launches Assure, a B2B app for restaurant supplies, challenging Zomato’s Hyperpure. A game-changer for startups in the ...
Among quick commerce users, Zomato's Blinkit emerged as the top choice, followed by Zepto and Swiggy Instamart.
A LinkedIn user recently shared a long post about finding a delivery agent eating a customer's food. The reason given ...
D eepinder Goyal started his entrepreneurial journey in 2008, when he co-founded FoodieBay, which became Zomato in 2010.
The District Consumer Disputes Redressal Commission, Gwalior (Madhya Pradesh) bench of Shri Rajendra Prasad Sharma (President), Shrimati Suman Gaur Pandey (Member) and Shri Revati Raman ...
Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth ...
Swiggy’s new app puts it in direct competition with rival Zomato’s B2B restaurant supplies business Hyperpure.