Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.
In Q3, Blinkit's GOV grew by 27.2% QoQ, maintaining a strong growth trajectory. However, profitability faced pressure, as ...
Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
The fall in share prices of the food delivery and quick commerce companies, particularly Zomato, can be attributed to its ...
Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.
The meeting comes on the heels of NRAI’s opposition to Zomato, Swiggy and others venturing into quick commerce food delivery ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.
The slump took Swiggy's shares to an eight-week low of ₹427 each, close to its IPO price of ₹420/share. Zomato 's ...
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
Zomato shares fell 12% after reporting a 57.2% drop in net profit for the December quarter, attributed to aggressive store ...
New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the ...