After quitting the company, Chaddah started a new innings in December 2019, when he teamed up with Pooja Khanna — one of ...
“Zomato's loss of 15% in value in less than a day has a lot to do with profit margins getting hit in high-growth q-commerce,” wrote Aviral Bhatnagar, Founder and Managing Partner of AJVC ...
In a move that’s stirring up the tech and food delivery world, Zomato, the beloved food delivery giant, is embarking on a ...
The broader market downturn has only made matters worse for Swiggy and Zomato. As of 1:30 PM on February 11, the Sensex was down 1,102.78 points (1.43%), trading at 76,209.02, while the Nifty had ...
Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net profit for the December quarter. Zomato attributed the weaker numbers to ...
Zomato and Swiggy, are trading in red with deep cuts on Monday. This development comes as some segments have cautioned investors from going bullish on these two companies. Mayuresh Joshi ...
Another rival Zepto has raised over $1 billion from private investors in ... It is also eyeing an initial share sale next year. Read more | Not just a cold play: How Zomato can make District ...
The move marks a shift for the company, from when investors were skeptical about Zomato’s acquisition of Blinkit in mid-2022, to quick commerce-led growth drawing increasing investor interest.
Sun Pharma, Tata Steel, Bajaj Finserv, Bajaj Finance, Kotak Mahindra Bank and Zomato were the biggest gainers.
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.