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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 ...
Swiggy share price has remained flat in one month, but rallied 25% in the past three months. The stock has fallen 9% in six ...
Swiggy reported a doubled net loss of ₹1,197 crore for the April-June quarter, with a cash burn of ₹1,053 crore amid intense ...
June, up from ₹374 crore a year ago. But its losses also shot up to ₹797 crore, compared to ₹280 crore last year. This steep ...
Swiggy is re-evaluating its 12% stake in bike-taxi startup Rapido after the latter announced plans to enter food delivery, a ...
E-commerce giant Swiggy is re-evaluating its investment quantum in Rapido given its reported entry in the food delivery ...
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 ...
Swiggy is banking on operational leverage, growing non-grocery contribution, and higher average order values to navigate ...
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.
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...