Running into the Swiggy IPO, a key point of debate was the difference in growth rate with its close peer Zomato. For example, in Q1 FY25, Zomato’s year-on-year (y-o-y) revenue growth rate at 62 ...
Earlier this month, food delivery platform Swiggy launched its new consumer vertical for live events and ticketed experiences, “Scenes”. This move comes weeks after rival company Zomato’s ...
The development was first reported by Inc42. Swiggy's stepping-out offering competes with Zomato's District. Their respective loyalty programmes, Swiggy One and Zomato Gold, offer reservations and ...
Food delivery apps have really transformed our lifestyles, putting a world of cuisines at our fingertips. Giants like Swiggy and Zomato have led the charge, making food delivery an everyday ...
Swiggy announced it will launch a wholly-owned subsidiary focused on sports team ownership, event organization, and broadcasting rights, competing directly with Zomato's District app and Bookmyshow.
Also, the brokerage highlighted that Swiggy Instamart's- the company's quick commerce segment gross order value (GOV) grew 76 per cent year-on-year, while the same for Zomato's Blinkit grew 122 per ...
It listed at Rs 420 a share on the BSE, up only 8% over the Rs 390 issue price. Swiggy’s only listed peer Zomato went public on July 23, 2021 at a 51% premium over the issue price of Rs 79.
Shares of Swiggy were down 4.1% on Friday, capping this week’s overall rally to 12.8%. Shares of Zomato, offered to investors participating in the share placement at a 5% discount, were down ...