For him, Netflix and chill means Netflix and chill. Period. A viral Reddit post claims that a glitch on Swiggy Instamart offered free items worth "Rs 4,000 to Rs 5,00,000." In an interview with NDTV, ...
Brokerage firm Citi has said that Zomato and Zepto have captured a larger market share in the quick delivery space, leaving ...
Swiggy may be in the third spot in quick commerce while in terms of market share, it is behind Blinkit and Zepto.
Industry expert estimate that brands have already collectively invested between Rs 1,800 crore to Rs 2,000 crore in ...
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, which operates quick commerce platform Instamart, reported a 32% surge in expenses on Wednesday as it launched 96 new dark stores during the quarter, almost twice the number from the ...
While most users associate quick commerce services like Zepto, Blinkit and Swiggy Instamart with small cart purchases, there is a growing market of buyers making more expensive purchases ...
Instamart is projected to report a -2.2% contribution margin and -10.0% adjusted EBITDA margin in 3Q,” it said. JM Financial has a ‘Buy’ rating on Swiggy shares with a target price of ₹550 ...
Instamart added 96 new active stores during the quarter, driving up active darkstore area to 2.45 mn sq ft (+25% QoQ). Swiggy said growth investments in quick commerce led to a reduction in ...
Swiggy's quarterly expenses jumped about 32% to 48.98 billion rupees. "Instamart growth ramp-up continues amidst significant investments to expand the (quick delivery) market," the company said in ...