The post claimed Swiggy Instamart users unexpectedly started receiving Rs 4,000 to Rs 5,00,000 in 'free cash' coupons. It further mentioned that users, who used this free cash to place orders that ...

On Thursday, the food delivery company's stock fell as low as ₹374.80 ($4.29) below its November IPO price of ₹390, squeezing its market cap to $9.75 billion, before recovering slightly to ...

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 ...

Americans consumed a record number of dairy products in 2023, signaling that there’s room for both traditional products and innovative offerings within the sector.

Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick commerce expansion and innovation are expected to sustain robust growth. ETtech ...

Shares of Swiggy plunged about 8% a record low on Thursday (February 6, 2025), after the company reported a wider third-quarter loss hurt by increased expansion costs to counter rivals Zomato and ...

Swiggy reported its December quarter results after market hours on February 5, in which its net loss and EBITDA widened from last year. Revenue for the Quick Commerce business more than doubled from ...

Brokerage firm Bernstein has cut its price target on food delivery aggregator Swiggy Ltd. to ₹575 from ₹635 earlier, although it has maintained its "outperform" rating on the stock post its December ...

Swiggy hits record low on wider quarterly loss Shares of the company were last trading about 4 per cent lower at 401.65 rupees, and were set for a seventh straight week of decline. Reuters ...

we’re also learning how to innovate without investing additional dollars into the food business.” The company also launched Swiggy Scenes focused on restaurant event reservations, and introduced One ...