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DELIVERY HERO GMV
Nykaa's strong Q2 show; Cost of UPI convenienceNykaa delivered a stellar second quarter as its two primary businesses grew amid festive demand. This and more in today's ETtech Top 5.- IndiGo set for strong growth, but SpiceJet still a risky bet: Hemang JaniThe only thing is that one is not really sure whether you will see some big companies getting into this, something like a Bharti or a Jio o...
- Electric two-wheeler startups skid; Paytm’s profitability outlookTop startups in the electric two-wheeler space saw a slide in market share in the first quarter, while legacy names revved up. This and mor...
- New unicorn alert; logistics cos ride q-comm bandwagonHappy Tuesday! Electric two-wheeler maker Ather is the newest unicorn in town. Details on this and more in today’s ETtech Morning Dispatch.
- Advertisements get cash counters ringing at quick commerce and food delivery companiesQuick commerce and food companies such as Swiggy, Zomato, Blinkit and Zepto are using advertising to bump up their overall revenue, industr...
- AMD to invest $400 million in India; Reliance's Milkbasket to see layoffs, redundanciesIn a boost for India’s Semiconductor Mission, California-based Advanced Micro Devices (AMD) will invest $400 million in India, its chief te...
- Online food company Delivery Hero forecasts 2023 GMV growth of 5-7%The Berlin-based company expects its GMV to grow between 5% and 7% in constant currency this year.
- Google may challenge CCI verdicts; Prosus says Swiggy, PayU showing strong growthThe verdicts may hurt developers in the country as it means they may have to develop apps with different specifications for different app s...
- Will internet stocks like Paytm, Zomato and Nykaa pass Q1 test?The shares of food delivery giant Zomato, which recently announced the acquisition of grocery delivery start-up Blinkit (formerly Grofers) ...
- Prosus says Indian portfolio firms Swiggy, Byju’s saw strong growth in FY22“Our food platforms continued to grow strongly at the core of the food delivery business and are now investing to extend that growth throug...
- Tech stocks tank on manic Monday; Swiggy turns decacornShares of new-age companies fell sharply as the Sensex and Nifty tanked on Monday following weak global cues.
- Zomato trading at heavy discount to listing price: Should you grab a bite?Kotak Institutional Equities felt the recent sharp correction in Zomato stock offers a buying opportunity.
- Google in funding talks with Meesho; Indians double down on cryptoGoogle, which has already invested in six Indian startups this year, is now in talks with social commerce platform Meesho for a $50-75 mill...
- Rebel unicorn spreads its wings; Zomato CEO joins Unacademy boardWhen Rebel Foods raised $175 million and became the 31st Indian startup unicorn of 2021 earlier this month, it said it would use some of th...
- Dunzo-Tata talks stuck on deal termsTata Digital's potential investment in Dunzo is stuck as the hyperlocal startup doesn't want to give majority control.
- Did Diwali change India's slowdown story? Here's data to help you decideLatest sales data from the two sectors that have become the face of this slowdown may provide some insights.
- How Paytm is bracing for its biggest battle against deep-pocketed global rivalsFrom WhatsApp to Google’s Tez to Amazon Pay, deep-pocketed global challengers are queueing up for India's digital payments pie, putting Pay...
- 15 startups that appear best placed to enter the $1-billion valuation clubIn an effort to find the next big thing in India's startup ecosystem, ET Magazine reached out to some of the sharpest minds in venture inve...
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