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SWIGGY INSTAMART
14,000+ gold, silver coins delivered per hour: Instamart, Zepto, others record rising orders as Diwali shopping shifts to q-commDuring the recent Dhanteras and Diwali events, consumers turned to quick-commerce platforms for their festive shopping needs. Significant i...
Dhanteras gold rush stretches quick commerce delivery fleets, storesHeavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Beng...
Dhanteras rush: Quick commerce apps flag high demand, surge chargesThe platforms’ home screens were heavily themed around Dhanteras, the first day of the Diwali festivities, when it is traditionally conside...
JioHotstar launches StreamToCart Ads, enabling in-stream shopping through InstamartIntroducing a game-changer in digital advertising, JioHotstar has launched StreamToCart Ads, an interactive format that merges streaming wi...
Swiggy shares jump 5% a day after Q2 results sparked a 17% crash. Why brokerages remain bullish despite target price cutsSwiggy shares rebounded nearly 5% after plunging 17% following its Q2FY27 results. While food delivery profitability improved, widening Ins...
Flipkart plans to launch ‘Earth’ to tap demand for premium, sustainable productsThe company has started onboarding brands offering healthier, toxin-free, and sustainable products across beauty and personal care (BPC), s...
ETtech Explainer: Why Blinkit is wary of private labels while Instamart sees an opportunityWhile Blinkit is not looking to significantly expand its private label business, rival Instamart sees room to grow its year-old private lab...
Infosys cuts FY27 guidance; Zetwerk's muted market debutInfosys has lowered its FY27 revenue guidance despite a rise in Q2 profit. This and more in today’s ETtech Top 5.
Eternal vs Swiggy: How the numbers stack up against each otherIn the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 crore, drastically outpacing Swigg...
Swiggy shares crash 14%, hit 52-week low after Q2 results. Here’s why Jefferies, Nomura, Bernstein cut target priceSwiggy Share Price: Swiggy experienced a notable decline in share prices after announcing a Rs 922 crore loss for the quarter. Revenue from...
Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with InstamartSwiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery gro...
Swiggy narrows loss in Q2; eMudhra cofounder on what went wrongHappy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.
Blinkit, Instamart chart different paths to profitable growthEternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkit’s gr...
Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 croreThe company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swigg...
Swiggy CEO Sriharsha Majety says rival Blinkit has the stronger flywheel, aims to fix basics before expandingHe said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that it would not use its cash reserve...
Swiggy to shift to inventory model starting Q3 FY27, eyes 80 bps Instamart margin boostThe transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 basis points once fully implemented...
Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 croreSwiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company ...
Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922...
Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focusEternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swiggy’s is projected to grow 34-36% to...
Veeramani wanted Diwali sweets but got expensive COD orders from military tanks to TVs, then an online delivery app stepped inVeeramani, a Madurai-based content creator, has finally received the Diwali sweets he originally hoped for after pranksters flooded his pub...