FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
Shares of Swiggy plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
Swiggy received mixed views post its Q3 results. Macquarie reiterated its underperform call, setting a target of Rs 325, ...
Kotak Institutional Equities reaffirmed a "buy" rating on Zomato, maintaining a target price of Rs 275, citing strong food ...
While Blinkit’s core customers remain loyal — they accounted for one-third of the platform’s gross order value in December — the company said competitive pressure is affecting its margins.
Bad news for Blinkit, Zepto, and Swiggy Instamart: In a move that could impact the quick commerce delivery market, Topmate, a new Indian startup, has claimed of “delivering” humans in 10 minutes.