Foodtech major Swiggy’s company secretary and compliance officer M. Sridhar has stepped down from his position, citing personal reasons. He put down his papers on January 29 and his tenure with ...
The market seems to have punished the 10-year-old company due to the increase in overall losses, even as revenue growth was muted for Instamart, Swiggy’s growth bet. The stock has declined ...
Still, Swiggy's cash reserves of ₹82 billion ($936 million) are less than half of Zomato's ₹190 billion ($2.2 billion), though Swiggy did manage to increase its average order value in quick ...
Swiggy share price declined over 5% on Monday, extending its losing streak for the fifth straight session. Swiggy shares plunged as much as 5.77% to a low of ₹359.00 apiece on the BSE. Swiggy ...
Swiggy now provides an option to pay via Swiggy UPI. The company had announced the feature in August, to simplify the payment mechanism on their platforms. With this feature, users would not be ...
The company posted a loss of Rs 799 crore in Q3FY25, an increase from the Rs 626 crore loss reported in the previous quarter (Q2FY25). Notably, Swiggy has reported annual losses since its IPO ...
The company has also ramped up its efforts in customer acquisition, leading to rising performance and brand marketing costs, a trend expected to continue. Swiggy attributes this activity to the ...
The share price of Swiggy has erased over 36% of investors’ wealth from year to date. According to Citi, the company’s market share has been stable and has seen a slight positive trajectory.
Swiggy, the popular food delivery aggregator, saw its shares tumble 11 per cent in Tuesday's trade (January 21), hitting an 8-week low of ₹427 apiece after the company's director competitor ...
On the occasion of World Pizza Day (observed annually on 9th February), Swiggy shared insights based on its internal data. From February 9, 2024, to February 9, 2025, it clocked orders for a ...
Swiggy Instamart has set up a stall at Triveni Sangam, the heart of the Kumbh, transforming it into a vital hub for essentials and on-the-spot needs. With thousands of visitors flocking the stall ...
Shares of Swiggy plunged 8 per cent before closing 7 per cent lower on Thursday on reporting ₹799 crore loss in the quarter ended December 2024 as against ₹574.3 crore in the corresponding ...