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BENGALURU HOTELS SWIGGY MEETING
IHCL's Ginger targets Rs 3,000 crore enterprise revenue by 2030Ginger is set to exceed ₹1,000 crore in enterprise revenue in FY27 from ₹814 crore the year ago. As of July 31, Ginger had a portfolio of 2...
Bengaluru food safety drive finds violations at star hotels, 35 samples sent for testingFood safety officials inspected 26 Bengaluru hotels on Friday. Thirty teams collected 35 food samples for laboratory analysis. Violations i...
Ola Electric Q1 loss narrows; Swiggy makes amendsOla Electric posted an improved June-quarter performance as deliveries picked up. This and more in today's ETtech Top 5.
Swiggy agrees to refund unauthorised campaign fees; Bengaluru hotels to wait till September 1The discussions, led by Swiggy CEO (food marketplace, dineout & crew) Rohit Kapoor, chief business officer (food marketplace) Sidharth Bhak...
Zomato assures Bengaluru restaurateurs of action on grievances; Swiggy talks due FridayAmong the key assurances, Zomato agreed that restaurants and darshinis would have the choice to opt into promotional and discount campaigns...
Swiggy shares jump nearly 3% as company targets Rs 10,000 crore adjusted EBITDA by FY31Swiggy shares rose after the company unveiled an ambitious FY31 roadmap targeting Rs 10,000 crore in Adjusted EBITDA. It aims to more than ...
Swiggy targets Rs 10,000 crore in annual adjusted Ebitda in five yearsSwiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery business will contribute five thousa...
ETtech Explainer: The food delivery duopoly vs disruptorsNew players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato and Swiggy by offering lower rest...
Bengaluru hoteliers seek meeting with Swiggy CEO, repeat Aug 15 boycott threatThe latest move comes amid growing friction between restaurant associations and food delivery platforms over commissions, discounting polic...
Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company's net loss decreased by thirt...
Flipkart may launch food delivery mid-August, mulls commissions of up to 11%: SourcesFlipkart plans to launch its food delivery service in Bengaluru mid-August. The company is considering restaurant commissions of up to elev...
Radisson India bets on smaller cities to hit 500 hotels by 2030: MD Nikhil SharmaRadisson Hotel Group targets five hundred hotels in India by twenty thirty. The company is expanding into emerging urban hubs and regional ...
Swiggy’s Q1 loss narrows as Instamart's profitability push slows growthThe Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution level neutral ...
Bengaluru hotels threaten Swiggy boycott from August 15Bengaluru hotels will suspend business with Swiggy from August 15. They demand transparency in payment statements and opt-out options. Unau...
Ownly eyes multi-city expansion as Swiggy, Zomato backlash growsOwnly has onboarded around 25,000 restaurants so far and is seeing an average order value (AOV) of Rs 200-220, roughly half that of incumbe...
Zepto may hit pause on IPO; BigBasket’s losses riseQuick commerce company Zepto may defer its listing plans as negotiations over its valuation hit a roadblock. This and more in today’s ETtec...
Bengaluru restaurant bodies warn of Swiggy, Zomato boycott in 15 days over commissionsBengaluru restaurant owners are threatening a boycott of Swiggy and Zomato. They demand lower commissions and customer data sharing from th...
Bengaluru restaurant owners turn heat on Swiggy, Zomato over fee burdenMore than 250 restaurateurs attended a meeting convened by the Bangalore Hotels Association on Tuesday, where members flagged concerns over...
Rapido integrates Ownly into main app as food delivery contest widensRapido has integrated its food delivery service Ownly into its main app in Bengaluru, expanding restaurant reach while using its rider netw...
Bengaluru restaurants to meet on July 28 to push back against Swiggy feesThe Bangalore Hotels Association expects around 250 restaurateurs to attend the meeting to examine what they say are multiple fees that hav...