Swiggy share price declined over 5% on Monday, extending its losing streak for the fifth straight session. Swiggy shares plunged as much as 5.77% to a low of ₹359.00 apiece on the BSE. Swiggy ...
Indian food delivery company Swiggy’s stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins ...
A technical glitch on the Swiggy Instamart app reportedly credited massive discount coupons to its users, allowing them to place orders almost free. The revelation came from a Reddit user who ...
Swiggy attributes this activity to the heightened competitive intensity in the current market. Further, Instamart CEO Amitesh Jha added that customer acquisition cost and retention variables ...
Swiggy share price fell over 5 percent to hit the fresh low in Monday's trading session. The stock has extended its decline to over 18 percent since it declared its quarter third earnings for the ...
Swiggy Ltd declined 6 per cent in Monday's trade, taking its five-day losing run to 22 per cent. The stock has been falling, as analysts have upped their loss estimates for the quick commerce ...
On Thursday, Zomato and Swiggy stocks continued their decline. (Image/PTI) Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing ...
Swiggy Ltd reported a widening of losses in the December quarter on intensifying competition in the quick commerce space, sending its shares tumbling 7 per cent in Thursday's trade. The stock hit ...
Screenshot showing reported glitch in Swiggy Instamart.Photo: Reddit/r/india Online shopping often comes with discounts and deals, but a recent incident on Swiggy Instamart has caught attention for ...
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.
In FD, we estimate Swiggy to have gained market share of ~30bps on GOV basis and ~50bps on MTU basis. This is broadly in line with our survey findings (link). Adj. EBITDA margin in FD improved ...