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FOOD DELIVERY COMPETITION
Company in a strong position, competition poses no threat to growth: Swiggy“We believe our competitive position in food delivery is durable with no near-term risks to the underlying growth trajectory. We have been ...- Swiggy Q1 Results: Net loss narrows to Rs 791 crore; revenue jumps 37% YoYSwiggy Q1 Results: Swiggy narrowed its Q1FY27 consolidated net loss by 34% year-on-year to Rs 791 crore, while revenue from operations rose...
- 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...
- 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...
- Eternal shares jump over 20% in one month. Will the stock cross its October peak of Rs 368?Eternal shares have surged over 20% in the past month. Analysts largely maintain a bullish outlook on the food delivery major. Experts high...
- 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...
- Ex-Myntra chief Nandita Sinha named Swiggy Instamart CEO; Amitesh Jha exitsSinha joins at a time when Instamart has been losing market share even as it attempts to contain its mounting losses. A Flipkart group vete...
- 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...
- Flipkart’s food delivery foray; Swiggy CEO on qcomm competitionFlipkart will launch its food delivery pilot next month, CEO Kalyan Krishnamurthy said. This and more in today’s ETtech Top 5.
- Flipkart may add food delivery to its product offeringsFlipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato a...
- Competition regulator dismisses consumer complaint on 'abuse of dominance' by ZomatoThe Competition Commission of India (CCI) dismissed a complaint against Zomato’s parent company Eternal, ruling that there was no prima fac...
- Jantar Mantar now a delivery address: From biscuits to bandages, Swiggy, Zomato, Blinkit, Zepto rush orders to protest siteFood delivery platforms now list Jantar Mantar as a protest site address. Order values and frequency have surged significantly day-on-day s...
- Eternal shares jump 3% after Q1 results. Jefferies, CLSA and 4 other brokerages weigh inShares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, ...
- Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...
- Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder GoyalOn the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the...
- Zomato's Deepinder Goyal shrugs off Rapido, Swiggy's budget food betsEternal's CEO Deepinder Goyal downplayed competition from Rapido and Swiggy's budget food delivery services. He stated these low-cost offer...
- Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letterEternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food de...
- Q1 Results today: Eternal, Nestle, IndusInd Bank among 63 companies announcing June earnings. What to expect?A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter resu...
- Eternal Q1 Results Preview: All eyes on Blinkit to drive earnings. Here's what investors can expectEternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investo...
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