FY25, Zomato’s Blinkit was near break-even, but in Q3, its adjusted Ebitda margins slipped to -1%. Swiggy Instamart’s margins ...
The food delivery platforms have faced challenges in onboarding new customers and scaling past the top eight cities, combined with an immaterial change in total orders being placed, say analysts, amid ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...
Flipkart is doubling down on its quick commerce play ahead of its flagship Big Billion Days event. This and more in today’s ...
Much like rival Zomato, store additions also weighed on Swiggy's Q3 numbers, widening its losses to Rs 799 crore.
Zomato said that its new feature was designed to address customer worries about changed plans and unknowns when booking a ticket in advance.(Reuters / Florence Lo) ...
Zomato will now be officially called Eternal. This and more in today’s ETtech Top 5. Also in the letter: ■ Sam Altman ...
Deepinder Goyal, the co-founder and CEO of Zomato, has shown interest in working with business and product leaders who are skilled in AI. In a post on X, Goyal wrote, "I am looking to work with ...
Zomato's rival Swiggy on Wednesday reported a Rs 799.08 crore net loss in the October-December period (Q3 FY25), as compared to a loss of Rs 625.53 crore in the previous quarter.
While the parent company will now be known as Eternal Ltd, the food delivery app will retain the familiar Zomato branding.
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
Zomato's board approves a name change to Eternal, affecting the company but not its food delivery brand or app. Learn more ...