Swiggy and Zomato face profitability challenges amid dark store expansions; assess which stock offers better value now!

Swiggy, which debuted on stock markets in 2024, saw its net loss widen 39 percent to Rs 799 crore in Q3 of FY25.

In its Q4FY25 shareholder letter, Swiggy spoke about doubling down on Bolt, which it claims is gaining traction, driving ...

Fuelled by a transition from aggressive expansion to consolidation, sustainability, and a focus on core operations, India's ...

Weeks after launching a policy asking restaurant partners to share 50% of refund costs, foodtech major Zomato has now put the ...

Zomato eyes mid-range 20–25 min delivery, scraps hyperfast plans; Blinkit focuses on store expansion and sustainable quick ...

Prashant Tamta Updated : May 05, 2025, 06:04 PM IST Deepinder Goyal-led food delivery giant ... in demand while we ran Quick as an experiment for a few months," Goyal added. Zomato (now Eternal Ltd) ...

Zomato pivots away from restaurant-led quick delivery, doubles down on Blinkit Bistro Deepinder Goyal, CEO, Eternal Zomato’s parent company, Eternal, has shelved its second attempt at a 15-minute food ...

The move allows Eternal tighter control over food preparation timelines, a problem it couldn’t solve through restaurant partnerships. Zomato CEO Deepinder Goyal had told ET in March that quick ...

We did not see enough ROI by keeping it running at a small scale." Eternal founder and CEO Deepinder Goyal said there has been a shortage (temporary) of delivery partners due to the high demand for ...