Zomato tanks over 10% on weaker numbers, drags Swiggy along, too
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...
For Zomato, chasing too much growth in q-commerce may be causing indigestion
It was a double whammy for Zomato as the food delivery and quick commerce businesses disappointed in Q3. Are the quarterly ...
'Zomato's loss of 15% in less than a day...': A top investor explains why stock's losing value
The quick commerce business added 216 stores this quarter, surpassing the 1,000-store milestone. Blinkit’s management now ...
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Analysts bullish on Zomato despite share dip
While the stock faces short-term headwinds, analysts remain confident in Zomato’s ability to leverage its competitive ...
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
Disappointing Q3 Results Send Zomato and Swiggy Stocks Tumbling
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
Brokerage Radar: Nomura downgrades IndiaMART, Citi bullish on Paytm, Zomato's target price cut
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes Reliance ...
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...