Swiggy Instamart lags in quick commerce race; Blinkit, Zepto lead:Report
Swiggy may be in the third spot in quick commerce while in terms of market share, it is behind Blinkit and Zepto.
Swiggy may be in the third spot in quick commerce while in terms of market share, it is behind Blinkit and Zepto.
Zomato's rival Swiggy on Wednesday reported a Rs 799.08 crore net loss in the October-December period (Q3 FY25), as compared to a loss of Rs 625.53 crore in the previous quarter.
Amid concerns over monopolisation by online food delivery platforms launching private labels and leveraging restaurant data, the NRAI which represents more than 5 lakh restaurants in the country organised a live poll with 8,000 people from across the country.
Online food delivery giant Zomato on Monday reported a 57 per cent decline in net profit (year-on-year) at Rs 59 crore in the third quarter (Q3) of FY25 -- from Rs 176 crore in the same period last fiscal.
The NRAI alleges that this represents the operation of private labels by the companies, raising issues for restaurant partners.
The Zomato-owned Blinkit’s rival had just raised $665 million at a $3.6 billion valuation in a highly oversubscribed round.
Online food delivery platform Zomato is in advanced discussions to buy Paytm's movie ticketing and events business, according to multiple reports.
Amid the extreme heatwave in the country, online food delivery platform Zomato on Sunday requested customers to avoid ordering during peak afternoon hours unless it is necessary.
Prime Minister Narendra Modi on Wednesday, in a shoutout to Zomato CEO Deepinder Goyal, asserted that what matters in India is hard work, and not one's surname.
The company will be launching PlayStation 5 on its platform on April 5.
