Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
In Q3, Blinkit's GOV grew by 27.2% QoQ, maintaining a strong growth trajectory. However, profitability faced pressure, as ...
The fall in share prices of the food delivery and quick commerce companies, particularly Zomato, can be attributed to its ...
The slump took Swiggy's shares to an eight-week low of ₹427 each, close to its IPO price of ₹420/share. Zomato 's ...
Press Trust of India on MSN59m
Zomato shares continue to plummet for 2nd day
Shares of food tech unicorn plunge 12 per cent after the food delivery aggregator reported a 57.2 per cent drop in ...
Zomato shares drop 12% as net profit falls 57.2% in December quarter, impacting market capitalization and stock prices.
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
Swiggy is witnessing an impact from Zomato's quarterly results, which were reported on Monday. Zomato shares are also down 9% ...
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The burden of discounts has largely fallen on restaurants, which often pay 5–10% of order value for promotions to secure ...
The burden of discounts has largely fallen on restaurants, which often pay 5–10% of order value for promotions to secure ...