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 ...
Swiggy has launched Assure to challenge Zomato’s Hyperpure in the B2B restaurant supply chain space, a market that remains largely unorganised While Hyperpure has a head start, Swiggy is ...
After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the time may be right for investors to start adding these stocks to their portfolio carts.
“These are early discussions to determine if Rapido can challenge the Zomato-Swiggy duopoly. The company already offers delivery services for individual restaurants using its two-wheeler fleet.
Rapido’s senior executives are in discussions with restaurant owners to figure out a business model to challenge the current commission structures of Zomato and Swiggy Rapido’s B2B logistics ...
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 ...
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 ...
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 ...
The app was launched by Swiggy’s subsidiary Android Scootsy. Food delivery company Swiggy is taking on Zomato’s B2B platform Hyperpure for kitchen supplies to restaurants and hotels with its ...
Despite its strong position, Zomato is not without risks. Competitive intensity remains high, with Swiggy aggressively expanding and new entrants looking to disrupt the space. Additionally ...