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The stock plummeted after Swiggy posted quarterly results this week, revealing that its quick-commerce business Instamart lost market share. The market share declines came despite efforts to ramp ...
The stock plummeted after Swiggy posted quarterly results this week, revealing that its quick-commerce business Instamart lost market share. The market share declines came despite efforts to ramp up ...
Swiggy aims for EBITDA profitability by Q3 FY26, driven by food delivery growth and quick commerce breakeven. The quick commerce expansion and innovation are expected to sustain robust growth. ETtech ...
Swiggy’s Instamart quick-delivery platform contributed less to earnings as it poured money into expanding so-called dark stores, offered bigger discounts and hired more personnel during the seasonally ...
Swiggy’s Chief Financial Officer, Rahul Bothra, expects strong growth in the quick commerce business and healthy store additions in the January-March 2025 (Q4FY25) quarter. He explained that quick ...
Despite that, the management has maintained its earlier guidance of breakeven at the contribution level for Instamart by Q3FY26. Swiggy’s management stated that the competitive intensity in ...
Swiggy Instamart, which is the company's quick commerce arm, logged a 17.7% sequential rise in revenue to Rs 576.5 crore. Gross order value growth was 5.5%. The company maintained guidance of doubling ...
Swiggy Instamart, which is the company’s quick commerce arm, clocked a 17.7 per cent sequential rise in revenue to Rs 576.5 crore. “The secular expansion in food delivery margins and cash flow ...