Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts ...
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...
According to a Motilal Oswal report in November last year, Blinkit led the quick commerce market with a share of 46 per cent ...
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from ...
(Reuters) -Indian food delivery major Zomato's third-quarter profit more than halved on Monday, as rising competition in the ...
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Marketing spends, including deep discounting, further strain resources. For established brands, direct-to-consumer (D2C) ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
The October to December period, or the third quarter of FY25, was the most competitive quarter in the last 2-3 years, ...
Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new ...