Online Food Delivery

The stock price of Swiggy was quoting lower for the third straight trading day, falling nearly 8 per cent. The stock has now dropped below the QIP issue price of ₹375 per share.

Food delivery aggregators Swiggy, Zomato and magicpin on Thursday said they recorded a massive surge in orders on New Year's Eve, even as a section of gig workers went on strike demanding better pay-outs and improved working conditions, with the agitation having a negligible impact on their operations. The Gig & Platform Service Workers Union (GIPSWU) said over 1 lakh workers from 22 cities joined the strike, including 14,000 of its members from major cities like Delhi, Mumbai, and others. However, according to estimates, there are over 12.7 million gig workers in India, with government think tank NITI Aayog saying the gig workforce is expected to rise to 23.5 million by 2029-30. India's third-largest food delivery platform magicpin said lakhs of orders poured in every hour across metros on New Year's Eve. In a post on X, Eternal Founder Deepinder Goyal said, "Zomato and Blinkit delivered at a record pace yesterday, unaffected by calls for strikes that many of us heard over the ...

Quick commerce and food delivery platforms saw an uptick in New Year's Eve demand, with grapes searches surging on Instamart and purchases spiking on Zepto

Delivery and quick commerce platforms raised per-order payouts and rolled out fresh incentives for December 31, even as gig worker unions called a nationwide strike over pay and conditions

Zomato's year-end data for 2025 shows Delhi NCR as its busiest market, logging over 40 million more orders than Mumbai and Bengaluru, driven by campuses, festivals and transit hubs

The first strike was staged on December 25, which disrupted Swiggy and Zomato food deliveries during the day in Gurugram and Noida

Hotels near metros are seeing a sharp late surge in New Year's Eve bookings and higher rates, while restaurants and delivery firms face disruptions amid a gig workers' strike

PL Capital's channel checks indicate that industry footfalls in the third quarter have not matched initial projections, with limited evidence of incremental spending benefits from tax changes.

The stock price of the parent company of food delivery platform Zomato and quick commerce Blinkit, was down 2% at ₹277.10 on Tuesday, trading at its lowest level since July 21, 2025.

The average per-order commission increased from 9.6% in 2019 to 24.6% in 2023, with 30% restaurants seeking lower commissions

According to JM Financial, Blinkit's net order value (NOV) growth is likely to slow to around 13 per cent Q-o-Q in Q3FY26, compared with 25 per cent and 27 per cent growth in Q1 & Q2, respectively.

With today's 5% fall, the market price of Eternal has corrected 23% from its 52-week high level of ₹368.40 touched on October 16, 2025

Aam Aadmi Party (AAP) leader Raghav Chadha on Friday demanded the termination of 10-minute delivery services offered by quick commerce players, terming the practice as "cruelty" towards gig workers who risk their lives to meet deadlines under extreme pressure. Raising the issue during the Zero Hour in the Rajya Sabha, Chadha said delivery personnel are not robots, but individuals who are someone's father, husband, brother or son. "I want to tell you that these people are not robots. They are also someone's father, husband, brother, or son. The House should think about them. And the cruelty of this 10-minute delivery should end," he said. The AAP leader said while consumers hope their food reaches them in 10 minutes, the House should also think about the welfare of gig workers. Chadha described delivery personnel working for platforms like Zomato, Swiggy, Blinkit, Zepto, ride-hailing services such as Ola and Uber, and home service providers as the "invisible wheels of the Indian ...

Blinkit has rolled out a new feature that lets users add items after ordering while it is still being packed, without extra delivery charges, said CEO Albinder Dhindsa

Bolt now accounts for a tenth of Swiggy's orders, with higher stickiness and wider restaurant onboarding

The brokerage believes that TFS' ability to secure and renew airport concessions, combined with rising per-passenger spending, will support consistent growth across its QSR and lounge businesses.

This move may end almost 10 years of disputes, during which restaurants accused food delivery apps of masking customer data

Bernstein set a target price (TP) of ₹570 for Swiggy and ₹390 for Eternal, calling both companies the best placed to capture value in a competitive but fast-expanding digital consumption landscape.

After a brief period of calm & improving profitability, both Eternal (Zomato) & Swiggy appear set for another showdown, reminiscent of the fiery land-grab phase that began in late 2024, analysts said.

Swiggy's food delivery (FD) arm continued its solid performance in the September quarter (Q2FY26), driven by sustained order growth and operational efficiency.