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Softbank's Vision Fund 2 posted a $3.4 billion loss year-to-date, hit by markdowns in public holdings like Swiggy, Ola, ...
Swiggy and Eternal reported Q4 results, with both facing profitability challenges due to rising expenses and competition.
Shares of Swiggy plunged over 6 per cent on Tuesday to hit a 52-week low as 83 per cent of its pre-IPO shares became tradable ...
Swiggy's revenue from operations rose to Rs 4,410 crore. Meanwhile, its rival Zomato posted a 78 percent YoY decline in ...
Swiggy shares tumbled 6.4% to a 52-week low after the expiry of a major lock-in period freed up 83% of its shareholding for ...
While UBS remains bullish on operational leverage from maturing dark stores, other brokerages suggest a longer and more ...
Swiggy also reported a consolidated net loss of Rs 1,081 crore for the March quarter, almost double the Rs 555 crore loss reported in the same period last year.
Swiggy Instamart’s adjusted EBITDA loss for the period stood at INR 840 Cr, increasing 45.3% from INR 578 Cr in the preceding ...
Share prices of its Indian portfolio companies, including Swiggy and Ola Electric, have struggled to maintain the momentum ...
The Bengaluru-based company reported a gross order value (GOV) of ₹7,347 crore for the quarter, translating to a 43 per cent ...
Swiggy and Zomato face profitability challenges amid dark store expansions; assess which stock offers better value now!
The online food and grocery delivery platform's revenue from operations, however, surged 44.80 per cent to Rs 4,410.02 crore ...