The shares of food delivery rivals Swiggy and Zomato saw a strong surge in share prices on February 19. Swiggy shares jumped ...
Zomato and Jio Financial Services are likely to enter Nfity50 index the upcoming index rejig as announcement for the Nifty50 ...
The stocks continued to reel under the effect of their weak performance in the October-December quarter of the current ...
He said "Eternal" was chosen to represent something beyond Zomato that would significantly drive their future. With Blinkit ...
In Q2FY25, Blinkit was near break-even, but its adjusted Ebitda margins slipped to -1% in Q3. Instamart’s margins fell from ...
The broader market downturn has only made matters worse for Swiggy and Zomato. As of 1:30 PM on February 11, the Sensex was down 1,102.78 points (1.43%), trading at 76,209.02, while the Nifty had ...
Swiggy and Zomato lose a total $12 billion from their market caps as surging quick commerce investments and slowing growth in core food delivery business affect investor sentiment.
UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...
Info Edge’s investment value in PB Fintech and Zomato have declined by ₹17,000 crore from its peak following the recent ...
Also Read: Zomato Q3 Results: Net profit drops 57% to ₹59 crore, revenue up 64.4%; GOV for B2C biz rises 57% YoY "When we acquired Blinkit, we started using "Eternal" (instead of Zomato ...