Protests gather steam as earnings dwindle and fuel prices surge; some say the earnings have declined by as much as 50%
If the reported offence is punishable by law then it will lead to the removal of customers from the Swiggy's platform
The company's revenue, too, increased 62.2 per cent year-on-year (YoY) to Rs 1,661 crore in Q2FY23 as against Rs 1,024 crore in Q2FY22
Company to soon roll out delivery bags with this number printed on them, says no penalty on riders for delay in delivery, no rewards for reaching order on time
Amid reports about hundreds of restaurants delisting from Swiggy Dineout, sources said only 20 brands with nearly 400 outlets have delisted from Swiggy's dining out platform
The average trading volumes on the counter more-than-doubled with a combined 155.71 million shares changing hands on the NSE and BSE till 02:59 PM
The delivery giant also offers Rs 5,000 worth of Out-Patient Department (OPD) support, which can be extended to their families
Homegrown online food delivery platforms Zomato and Swiggy have made it to the list of the world's 'Top 10' e-commerce-based food delivery companies, says a new report
According to Zomato, the new Healthy section offers an assortment of filters such as High Protein, Low Calorie, Low Carbs, Low Fat, High Fibre, etc. and provides nutritional information
Last week, Zomato said it is foraying into the same model, piloting food delivery with 'Intercity Legends'
Association details the impact the new discount programmes of these two entities could have on eateries
The Jefferies report was based on a visit to one of Blinkit's dark stores in NCR
New players like Thrive and DotPe, which charge less, are emerging as alternatives
Order popular, authentic dishes from anywhere and have them delivered to your doorstep
Online food delivery platform Zomato has decided to narrow its focus on three key areas of food ordering and delivery; supplies to restaurants through 'Hyperpure' and quick commerce, company Chairman Kaushik Dutta said on Tuesday. In his address to shareholders at the company's annual general meeting, Dutta said the move was part of strategy to focus "only on areas that have the potential to become meaningfully large businesses ten years from now". In FY22, he said Zomato was able to achieve strong top line growth while keeping its "adjusted EBITDA burn under control", despite multiple challenges such as disruptions due to Covid-19 pandemic, macro-economic uncertainty, rising inflation, fuel prices, among others. This year after reflecting on the strategic priorities as a company, given the size and scale of the platform now, Dutta said it was decided that the focus would be only on areas that have the potential to become meaningfully large businesses ten years from now. Subsequent
Some 62,000 tonnes of fruits and vegetables were ordered on Instamart during the past year. This is the weight of about 15,500 Asian elephants, Swiggy said
Online delivery giant DoorDash has confirmed that it has been hit by a data breach, which has affected several customers and merchants
It said this could encompass activity outside of office hours or on weekends that does not impact their productivity on full-time job or have a conflict of interest with company's business in any way
Analysts expect the Gurgaon-based firm's net loss to contract to Rs 315 crore in Q1FY23 from Rs 360.7 crore in the year-ago period.
Corporate, central business and tech teams will converge once a quarter at their base locations for a week to promote in-person bonding; it's work from office for partner-facing employees