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Swiggy’s quick commerce average order value (AOV) rose 26 per cent YoY to Rs 612 per order from Rs 487 in Q1FY25, driving a 96 basis points (bps) sequential improvement in contribution margin.
Swiggy, India's leading on-demand convenience platform, today announced significant enhancements to its parental care policy ...
Indian online delivery platform Swiggy posted a wider quarterly loss on Thursday, as rising investments in its quick-commerce ...
Swiggy's overall EBITDA loss also increased to Rs 954 crore, compared to Rs 544 crore in the same quarter previous year.
Indian food delivery giant Swiggy posted a wider first-quarter loss on Thursday, as rising investments in its quick-commerce ...
Swiggy is reassessing its investment in Rapido, which plans to enter the food delivery market. This move raises potential ...
The Sriharsha Majety-led company said that potential monetisation of its investment in Rapido will also allow it to increase ...
Swiggy, at a company level, is still not profitable. The startup is burning more than $20 million a month on its instant grocery delivery business, called Instamart, according to two people ...
Of this, INR 3,444.4 Cr came from the food delivery business.For one, restaurants love the fact that unlike Swiggy and Zomato, the data of the customers ordering through ONDC will be shared with them.
Indian food delivery firm Swiggy restarts IPO plans, aims for 2024 listing, sources say By M. Sriram August 25, 20239:57 AM PDTUpdated August 25, 2023 ...
Swiggy commands about 45.8% of the Indian food delivery market and clocked a GMV of $2.57 billion in that business in 2023, Bernstein analysts wrote in a recent note.
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar with the ...