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 ...
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 ...
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 ...
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), ...
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 ...