Food delivery player Swiggy's executives reasoned that the worsening contribution margins of its quick commerce arm, Instamart, was due to its focus on store expansion. The company saw its ...
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Still, Swiggy's cash reserves of ₹82 billion ($936 million) are less than half of Zomato's ₹190 billion ($2.2 billion), though Swiggy did manage to increase its average order value in quick ...
Quick commerce and food delivery player Swiggy saw its losses surge by 39% year-on-year (YoY) in Q3 FY25, bogged down by rapid expansion in the hotly contested quick commerce segment, along with a ...
Feb 5 (Reuters) - India's Swiggy (SWIG.NS), opens new tab reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce business to compete with rivals ...
So far in 2025, Swiggy's investors have lost Rs 40,250 crore due to the stock's continuous sharp decline. Investors have been offloading the stock, especially after the company's Q3 earnings fell ...
Food delivery giant Swiggy on Friday announced a Rs 1,000 crore investment in its supply chain subsidiary, Scootsy, following board approval.This comes after a Rs1,600 crore infusion into Scootsy ...
Swiggy CEO Rohit Kapoor shared essential qualities for hiring: resilience and drive. He believes strong teams rely on character, not just skills. Kapoor emphasises that genuine motivation is ...
Indian food and grocery delivery firm Swiggy said on Friday it will invest up to 10 billion rupees ($115.47 million) in its supply chain subsidiary, amid an ongoing expansion of its fast-growing ...
India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce business to compete with rivals Zomato and Zepto. The company reported a ...
Feb 6 (Reuters) - Shares of Swiggy (SWIG.NS), opens new tab plunged about 8% to a record low on Thursday, after the Indian delivery firm's quarterly loss worsened as an expansion of its quick ...