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Rapido’s food delivery could be up to 48% cheaper than Swiggy or Zomato. Things are about to get spicy…” one user noted, highlighting a possible pricing edge. Another comment read, “I like ...
India Business News: Rapido is poised to disrupt India's food delivery sector by offering restaurants commission rates of 8-15%, significantly lower than Swiggy and Zomato ...
Swiggy's Instamart has teamed up with Bharat Organics, a cooperative brand, to bring certified organic staples to major Indian cities. The partnership was formalized via a memorandum of ...
The shares of these two leading food aggregators, Swiggy and Eternal Delivery aggregators are down by 2.5 percent and 2 percent respectively, ... It also offers grocery and essential delivery via ...
Shares of Swiggy were up 2 per cent at ₹370 in intra-day deal, and have rallied 11 per cent in the past two trading days. The stock has bounced back 25 per cent from its 52-week low of ₹297 touched on ...
Despite ongoing losses, Morgan Stanley is optimistic about Swiggy's quick commerce venture, Instamart, citing a significant rise in gross order value. The brokerage firm anticipates Swiggy's strong ...
Quick commerce giant Swiggy saw its stock jump to as high as ₹364.95 apiece on Wednesday, riding on the momentum it gained on Tuesday after Morgan Stanley initiated its coverage with an “overweight” ...
Swiggy share price in focus today: Swiggy, the popular food delivery and quick commerce platform, saw its shares surge 7.3% in intraday trade on Wednesday, June 4, touching a four-week high of ...
Swiggy’s shares surged over 7% to INR 357.55 during the intraday trading session on the BSE today following Morgan Stanley’s initiation of coverage with an ‘overweight’ rating.
Further, Swiggy’s food delivery business is valued at 25x its FY28 adjusted EBITDA, reflecting a 5% discount to Zomato’s. Its quick commerce arm, Instamart, is valued at 27x FY31 adjusted EBITDA, ...
Swiggy's Quick Commerce vertical, Instamart, is valued at 27 times financial year 2031 adjusted EBITDA basis, which is a 25% discount to Eternal's Blinkit. Out of the 21 analysts that have coverage on ...
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