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As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
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.
(Reuters) -Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in 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 investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
Swiggy's move comes at a time when its cash reserves are depleting and its losses are widening in an increasingly competitive ...
Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to ...
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 shares fall nearly 4% after Q1 net loss doubles; Eternal’s Blinkit continues to lead quick commerce growth in a ...
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NDTV Profit on MSNSwiggy Share Price Falls 4% After Q1 Loss Widens
Swiggy's net loss widened to Rs 1,197 crore in the June quarter, compared to Rs 1,081 crore in the previous quarter. Revenue ...
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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 ...
Swiggy reported increased total income to Rs 5,048 crore for the June quarter despite widening losses to Rs 1,197 crore, ...
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