Last week, the Bengaluru-based consumer services giant announced its Q3 results, and ever since then, the startup’s share ...
“For instance, consumers can today get a delivery of plain white bed sheets within 10 minutes, but when Swiggy Instamart offers a catalogue of bedsheets in 15 colours, consumers are okay with ...
Swiggy’s stock fell over 5% on Monday, continuing its decline to 33% YTD. Analysts cite underperformance in Quick Commerce ...
While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store, expansion, customer acquisition and retention costs were driven up due to ...
They aim to double their dark store footprint by March 2025 and increase average order value at a double-digit pace annually. Swiggy Instamart at an inflection point amid rising competition ...
Swiggy may be in the third spot in quick commerce while in terms of market share, it is behind Blinkit and Zepto.
Swiggy share price plunged as much as 7% in intra-day trade. The company’s stock has declined over 21% in a week, more than ...