News

Swiggy holds about a 12% minority stake in Rapido, and has acknowledged its entry into the food delivery space as a potential conflict of interest.
Swiggy reports steady food delivery growth with an 18.8% increase in Gross Order Value in Q1. Despite a loss in quick commerce, efficiency is improving as the company re-evaluates its investment in ...
Swiggy is banking on operational leverage, growing non-grocery contribution, and higher average order values to navigate ...
Swiggy’s core food delivery segment delivered GOV of ₹8,086 crore, up 18.8 per cent YoY. Monthly Transacting Users (MTUs) ...
Swiggy share price has remained flat in one month, but rallied 25% in the past three months. The stock has fallen 9% in six ...
Shares of Swiggy fell as much as 4 percent to Rs 386 in morning trade on August 1 after it reported that its net loss widened ...
Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
Swiggy reported a doubled net loss of Rs 1,197 crore for the April-June period despite a 54% increase in operating revenue, ...
As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Jefferies upgraded Swiggy to a “Buy” rating with a TP of INR 500 per share, while Morgan Stanley gave a TP of INR 450 per ...
Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in its quick-commerce ...
While Swiggy has laid out a series of steps to improve profitability, the high cash burn indicates that these measures may ...