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Zomato Or Swiggy? Which Performed Better In Lead-Up To IPO
Zomato clocked in its first profit in the first quarter of FY24 whereas Swiggy continues to be loss making, according to data from its red herring prospectus.
Tata Group To Reportedly Launch 'Neu Flash' To Strengthen Quick-Commerce Foothold
Zomato Shares Plunge 4% As Q2 Profit Misses Street Estimates: Why Analysts Remain Strongly Bullish
Zomato Or Swiggy? Which Performed Better In Lead-Up To IPO
Tata Group To Reportedly Launch 'Neu Flash' To Strengthen Quick-Commerce Foothold
Zomato Shares Plunge 4% As Q2 Profit Misses Street Estimates: Why Analysts Remain Strongly Bullish
Zomato's Q2 Net Profit Skyrockets Nearly 5 Times To ₹176 Cr But Misses Analysts' Estimates
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Zomato's food delivery segment clocked in a revenue of ₹2,012 crore in the quarter whereas its quick-commerce arm Blinkit saw its revenue shoot up 129% to ₹1,156 crore from ₹505 crore in the year ago period.
Zomato Q2 Results: What Analysts Expect As Quick-Commerce Competition Gets Tighter
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The company's quick commerce vertical Blinkit is expected to continue its growth momentum in the quarter and its Hyperpure business is likely to maintain its upward trajectory.
