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Swiggy holds about a 12% minority stake in Rapido, and has acknowledged its entry into the food delivery space as a potential conflict of interest.
Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to ...
(Reuters) -Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in its ...
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Swiggy share price has remained flat in one month, but rallied 25% in the past three months. The stock has fallen 9% in six ...
Shares of Swiggy fell as much as 4 percent to Rs 386 in morning trade on August 1 after it reported that its net loss widened ...
Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
Jefferies upgraded Swiggy to a “Buy” rating with a TP of INR 500 per share, while Morgan Stanley gave a TP of INR 450 per ...
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NDTV Profit on MSNSwiggy Confirms Rapido Stake Re-Evaluation Amid Intensifying Competition|NDTV Profit Exclusive
This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
Quick commerce and food delivery giant Swiggy on Thursday posted a wider net loss for the first quarter of the financial year ...
Swiggy's move comes at a time when its cash reserves are depleting and its losses are widening in an increasingly competitive ...
Swiggy is banking on operational leverage, growing non-grocery contribution, and higher average order values to navigate ...
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