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SWIGGY SUBSCRIPTION RATE
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
Ecommerce, quick commerce chasing ad spends with profitability in focusOnline platforms like Amazon, Flipkart, Blinkit, Instamart, Zepto, Zomato, and Swiggy are set to earn substantial advertising revenue. This...
What is Swiggy’s 99 store for Gen Z and price-conscious users?Swiggy has introduced the '99 store' segment, offering meals at Rs 99 to attract price-conscious and Gen Z consumers, complete with 'eco sa...
Swiggy launches exclusive discount programme for studentsFor students aged 18 to 25, a 20% discount on Dineout bills above Rs 799 is also offered. This marks another step in Swiggy’s expansion of ...
Rapido likely to run food delivery pilot in Bengaluru soonBike taxi platform Rapido may roll out the pilot programme for its food delivery service in Bengaluru in the coming weeks, sources told us....
Zomato and Swiggy cash in on subscriber baseZomato and Swiggy are focusing on monetising their growing loyalty programme subscriber base, which drives significant food delivery orders...
As equity market cools, wealthy investors stay away from IPOsOf the last 10 IPOs, eight saw limited to little participation from high-net-worth individuals (HNIs). While the HNI portions were undersub...
Macquarie flags challenges for Swiggy, initiates 'Underperform' rating with Rs 325 target priceMacquarie initiates an 'Underperform' rating on Swiggy, giving it a target price of Rs 325. They believe that while Swiggy has growth poten...
Swiggy IPO sees muted response, subscribed only 35% on Day 2. GMP declines to 1%Swiggy IPO: Swiggy launched its IPO at a reduced valuation of $11.3 billion, down from its earlier target of approximately $15 billion. The...
Swiggy IPO subscribed 12% on first day of biddingSwiggy plans to raise Rs 4,499 crore in primary capital, while shares worth Rs 6,828 crore are being put up on offer for sale by existing i...
Zomato tweaks Gold loyalty programmeZomato has discontinued the ‘on-time guarantee’ benefits for memberships purchased or renewed from November 25, 2023. This feature was exte...
Zomato shares zoom over 18% in 7 days, hit 52-week highShares of Zomato, an Indian online food delivery aggregator, jumped 17.5% in the past week and touched a 52-week high of Rs 80 ($1.07) on 2...
Zomato working on new loyalty programme after shutting Pro and Pro PlusZomato is working on a “loyalty programme construct” for food delivery, the company’s chief financial officer Akshant Goyal said during the...
Swiggy in talks to buy Metro AG’s India operation to accelerate quick commerce growthSuch a move would be aimed at taking forward Swiggy’s ambition of venturing further into ecommerce, expanding its business beyond mainstay ...
Swiggy eyes commerce play with Minis marketplaceSwiggy is working on a marketplace model to onboard local stores and direct-to-consumer (D2C) brands, multiple people aware of the matter s...
Swiggy, Zomato may soon slash discounts to stay fitDiscounts by Swiggy and Zomato will be down at least 40% industry sources say, while cuts at UberEats will be more drastic.
Swiggy to focus on customer repeats to drive growth as discount-led growth comes downDiscounts by Swiggy and Zomato will be down at least 40%, industry sources say, while cuts at UberEats will be more drastic.
Zomato hits 28 million order run rate per monthZomato’s dine-in subscription service, Gold, now claims to have brought on board 7 lakh members and more than 6,000 restaurant partners.
Swiggy scores a 232% surge in revenue in FY18 at Rs 442 crore, inches closer to Zomato's FY18 revenueThis implies that Swiggy earned Rs 1.11 for every one rupee it lost in FY18. Swiggy's losses, however, are far deeper than Zomato's Rs 106 ...