A key metric for Swiggy food delivery business is the average order value, which has grown by nearly 20% in the past two years Swiggy's take rate from restaurant partners has also grown steadily, ...

Zomato’s food delivery platform is profitable, thanks to platform fees, and Zepto is on a tear on the quick commerce side after raising $1 Bn this year — but both need to thank Swiggy with at least a ...

Swiggy’s upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian internet stock: Zomato. It will also test the nation’s ...

U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on track to ...

Swiggy valued at $12 bln after surging on debut Investors bet on quick-commerce, food delivery boom Broader markets sell off sharply $1.4 bln IPO saw strong response from large investors Prosus says ...

MUMBAI, Sept 30 (Reuters Breakingviews) - A food delivery company is about to test the appetite of India's roaring stock market. SoftBank Group (9984.T), opens new tab and Prosus-backed (PRX.AS), ...

While Swiggy and Eternal shares fell, TTK Prestige and Stove Kraft emerged as unlikely winners as the LPG shortage triggered ...

Swiggy said it will prioritise breaking even with respect to its contribution margin in the quick commerce business rather than chasing discount-led volume growth, even as rivals escalate price wars ...

The shares of Zomato-parent Eternal and Swiggy surged in trade, rising to multi-week highs on February 10. Multiple factors led to the uptrend in the food delivery and quick commerce stocks today.