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Zomato Vs Swiggy: Check out the stock performance, and other key details of this two tech-driven food delivery giants Competition in the food delivery business is gaining traction. With both ...
Stock market today: Shares of India's two leading food delivery aggregators—Zomato and Swiggy—have faced heavy selling pressure in recent trading sessions as global brokerages turned cautious ...
The current quarter is likely to be another tough one for food delivery majors such as Swiggy and Zomato. During the January-March period (Q4), losses resulting from the quick commerce business ...
This appears to be drawing a sharp divide in the preferences of the rating agency, cutting between food delivery and food franchise companies. When we look at the performance of Zomato and Swiggy ...
Shares of Zomato and Swiggy depreciated on ... International and Westlife Foodworld over food delivery aggregators. BofA has downgraded Swiggy to underperform from buy rating at a target price ...
Zomato was downgraded to neutral from buy and Swiggy to underperform from buy as the two companies are expected to lag BofA’s adjusted EBITDA consensus. Investment ratings are given by stock ...
The shares of online food delivery platforms Zomato and Swiggy recorded strong losses of 6 percent and 5 percent respectively on March 25, after international brokerage Macquarie said it ...
Shares of Swiggy Ltd and Zomato ... of same day and next day delivery to bridge the gap in customer experience with quick commerce platforms. We maintain Swiggy and Zomato as our top picks ...
“Zomato has been doing B2B for some time, which proves there is already a market need for such services. Swiggy, too, has an established working relationship with restaurants due to food delivery.
(MENAFN- IANS) Mumbai, March 26 (IANS) Bank of America (BofA) has downgraded its ratings on Zomato and Swiggy, citing concerns over slowing growth in food delivery and rising competition in quick ...
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