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Swiggy posts narrower Q2 loss on quick commerce growth

TMT

03 December, 2024

Swiggy posts narrower Q2 loss on quick commerce growth

Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company ......

Premium
Grapevine: Boat, Zomato, Brookfield, Porter, Piramal-Bain ARC, Oyo, MPL in news

General

18 November, 2024

Grapevine: Boat, Zomato, Brookfield, Porter, Piramal-Bain ARC, Oyo, MPL in news

Gentari Sdn Bhd has agreed to acquire a renewables portfolio from Brookfield Asset Management, while Zomato has enlisted......

Swiggy delivers 17% surge in trading debut as investors bet on quick commerce

TMT

13 November, 2024

Swiggy delivers 17% surge in trading debut as investors bet on quick commerce

Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 ......

CCI finds Zomato, Swiggy's food delivery businesses in breach of antitrust laws

TMT

08 November, 2024

CCI finds Zomato, Swiggy's food delivery businesses in breach of antitrust laws

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached ......

Swiggy's $1.4 bn IPO oversubscribed as investors bet on quick-commerce boom

TMT

08 November, 2024

Swiggy's $1.4 bn IPO oversubscribed as investors bet on quick-commerce boom

Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as ......

Reliance plays catch-up to ride India quick commerce wave

Consumer

30 October, 2024

Reliance plays catch-up to ride India quick commerce wave

Asia's richest man Mukesh Ambani is mimicking the strategy of popular Indian grocery startups to drastically change......

Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest

TMT

28 October, 2024

Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest

Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......

Zomato misses Q2 profit estimates as expansion costs squeeze margin

TMT

22 October, 2024

Zomato misses Q2 profit estimates as expansion costs squeeze margin

India's Zomato reported a smaller-than-expected rise in profit for the second quarter on Tuesday as margins took a ......

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

TMT

21 October, 2024

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce ......

Swiggy gets shareholder nod to upsize IPO fresh issue

TMT

04 October, 2024

Swiggy gets shareholder nod to upsize IPO fresh issue

SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to use a provision that will ......

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