Brokerage firm BofA Securities has downgraded shares of food delivery aggregators Zomato Ltd. and Swiggy Ltd. on Wednesday, March 26 and also cut its price target on both. Zomato has been downgraded ...

Bank of America has slashed the target price for Zomato and Swiggy, downgrading their stocks to a neutral rating from buy. The firm warns that the quick-delivery space is set to face losses ...

Food delivery giants Zomato and Swiggy came under selling pressure on Tuesday after a Bloomberg report revealed that their competitor, Zepto, is in talks to raise $250 million via a secondary share ...

Zomato and Swiggy are under the spotlight after Bank of America Securities slashed their target prices. Swiggy was downgraded from "Buy" to "Underperform," with a revised target of ₹325 ...

Out of over 1,000 users surveyed, 32% opted for Zomato as their top choice, followed by 28% preferring its nearest rival Swiggy, as per a report released by the brokerage on Sunday, citing its survey ...

So, the daily lives have not been affected to large extent. Are hotels open today and Swiggy-Zomato work like normal? Well, the good news is that both the food-delivery apps are working like normal.

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 ...

In addition to helping Swiggy compete more effectively with Zomato, the B2B supply chain can enable Swiggy to potentially create higher profitsin comparisonto low-margin food delivery businesses by ...

A business war between Bengaluru-based food delivery company Swiggy and Deepinder Goyal’s Zomato has intensified as Swiggy launched its business-to-business (B2B) platform, Assure, to compete ...

New Delhi: Food and grocery delivery major Zomato on Thursday said it has received the Corporate Affairs Ministry’s approval regarding its name change to "Eternal Limited" with effect from March 20.