Swiggy - Zomato

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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. 

Zomato Or Swiggy? Which Performed Better In Lead-Up To IPO

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For grocery, Neu Flash will be powered by BigBasket, Croma will focus on selling electronics and phones, while Tata Cliq will offer fashion and lifestyle products.

Tata Group To Reportedly Launch &#39;Neu Flash&#39; To Strengthen Quick-Commerce Foothold

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Talking about its quick commerce business, the brokerage noted that Blinkit is ahead of Instamart in terms of take rates, average order value (AOV) and profitability. 

Zomato Shares Surge 3% As Brokerages See Continued Domination Over IPO-Bound Swiggy

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