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 ...
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 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 told restaurant partners in an email that the fee would be deducted from their payouts, The Arc reported. “This fee is for facilitating seamless customer payments on the Swiggy ...
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 ...
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 ...
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 ...
Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses and a wavering market position in quick commerce pressured its margins in ...
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 ...
She claimed that Swiggy only refunded her money after being ... of a 'Fresh Menu' cloud kitchen in Mumbai shocked users. The company also responded to it. Read the full story here.
we suggest investors wait for the company to improve its profitability," she said. At least six brokerages lowered their price targets on Swiggy shares as Swiggy’s Instamart quick-commerce ...
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.
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