Page 12 - Swiggy

Markets Today: Services PMI; MPC; Trump-China news; Swiggy, Titan Q3; IPO

At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets

Swiggy Q3 preview: Analysts expect loss to widen QoQ, revenue may rise 10%

Analysts and investors will keep an eye on Instamart's gross order value (GOV) and average order value (AOV) growth, dark store additions, and margins

Swiggy shares fall below issue price; stock plunges 28% thus far in January

Swiggy share price fell 5 per cent to Rs 389.25 on the BSE in Tuesday's intraday trade, falling below its issue price of Rs 390 per share.

NRAI plans legal action against Zomato, Swiggy over 10-min delivery apps

Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation

NRAI to step up gas on ONDC to challenge Zomato & Swiggy's dominance

Restaurant body to strengthen ONDC presence amid private labelling and high commission woes

Swiggy tanks 11% post Zomato Q3 results; plunges 31% from December high

Zomato's management expects the losses in Blinkit to continue in the near term, due to aggressive store expansion.

Hyundai, Swiggy may join Nifty Next 50 amid index rebalancing changes

The Nifty Next 50 index is regarded as a pool of potential candidates for the flagship Nifty 50 index

FHRAI accuses Zomato, Swiggy of data misuse, seeks commerce ministry action

The letter raised objections to Zomato and Swiggy's entry into quick food delivery services through their private-label brands, Bistro and Snacc

Blinkit launches 10-minute food delivery app 'Bistro' across Gurugram

The app is available on Apple's App Store and is currently ranked 12th in the food and drinks section

Quick commerce companies' foray into food biz rustles up restaurants

Restaurants body NRAI is also exploring legal routes and is likely to knock on the doors of the Competition Commission of India to address issues related to private labelling

Zomato, Swiggy's use of partner data may draw CCI scrutiny, say experts

The CCI had ordered an investigation by the Director General (DG) into the conduct of the food delivery aggregators, the details of which are yet to be made public

Swiggy, Zomato slips up to 4%; is 10-minute food delivery raising concerns?

NRAI has alleged that the introduction of standalone apps, Bistro and Snacc, by Zomato and Swiggy respectively is raising issues for restaurant partners

Stocks to Watch, Jan 10, 2025: TCS, IREDA, Tata Elxsi, Swiggy, Zomato, SAIL

Stocks to Watch, Jan 10, 2025: TCS, IREDA, Tata Elxsi will be in focus post their Q3 results, also, Swiggy, Zomato, Vi and others will be on the radar

Swiggy Instamart expands to 75+ cities, unveils plans for standalone app

Swiggy Instamart will continue to be available on Swiggy's unified app

Swiggy launches Swiggy Serves; aims to distribute 50 million meals by 2030

Swiggy kickstarted partnership with a few restaurant partners such as Dana Choga Restaurants, Biryani by Kilo, Dosa Anna, Charcoal Eats, Urban Tandoor, and Foodies Cart, amongst others

NRAI set to approach CCI over Zomato and Swiggy's 10-minute delivery apps

The NRAI is considering legal action and approaching CCI over Zomato and Swiggy's new 10-minute food delivery apps, citing anti-competitive practices and private labelling concerns

Swiggy races 6% as Bernstein initiates with 'Outperform'; sees 29% upside

The northward move in the Swiggy share price came after reports suggested that global brokerage Bernstein initiated coverage with 'Outperform' rating on the Swiggy stock, with a target price of Rs 635

Swiggy launches new standalone app Snacc for 15-minute food delivery

The launch comes at a time when the food delivery apps in India are racing to deliver everything from biryani to hot beverages to customers' doorsteps in under 10-15 minutes

Sheikh Hasina's visa extension, Donald Trump, quick commerce race, and more top

India has extended ex-Bangladesh Prime Minister Sheikh Hasina's visa amid calls for her extradition, the issuance of a second arrest warrant, and the revocation of her passport by Dhaka.

SNACC: Swiggy launches new app with 15-minute food delivery promise

Swiggy is following the industry trend of launching separate apps to target specific customer needs