Swiggy Shares Plunge Amidst Lock-In Expiry and Rising Competition

I remember nov-dec 2023. I hardly ordered from Zomato. It was always Swiggy. I read the numbers aswell and they were doing good in terms of market share. 6 months down the line, I never open Swiggy app now. Zomato has stuck with me. I do...

• Swiggy is set to launch a massive 11,664 CR IPO, creating a buzz among investors.
• Despite being a super app with multiple services under one roof, Swiggy has been losing market share since 2018.
• The company's financials show an...

• Zomato's market share in India's food delivery sector has risen to around 55 percent, according to various brokerage firms.
• Swiggy, which once dominated with a 52 percent market share in 2020, has seen its share fall to 45 percent. -...

• Swiggy Instamart has launched a 24X7 delivery service in Delhi NCR, including Gurugram and Noida.
• This move follows Flipkart's quick commerce service debut in Delhi, offering free delivery for orders above INR 99.
• Swiggy's decisi...