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 ...
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 ...
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
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 ...