Quick Commerce Sector Facing Increased Competition: Zomato and Swiggy Leading the Pack According to Dipan Mehta The quick commerce sector is witnessing rapid growth and attracting significant attention from investors…
Zomato’s Shares Poised for a 22% Surge as Food Delivery Dominates, Blinkit’s GMV Skyrockets: Kotak Equities Kotak Institutional Equities is doubling down on its optimism for Zomato, maintaining a ‘buy’…
In a significant move for the e-commerce food delivery sector, the Goods and Services Tax (GST) Council has proposed a reduction in the GST rate on food delivery services provided…
In a significant move to expand its footprint in the going-out segment, Zomato has officially launched its new app, District. This app is designed to cater to various entertainment needs,…
India’s Competition Commission (CCI) has recently revealed that popular food delivery platforms Zomato and Swiggy have breached competition laws through various anti-competitive practices. This investigation, initially sparked by a complaint…
As the festive season approaches, quick commerce platforms are experiencing a significant upswing in gift orders, particularly during Diwali. Major players such as Blinkit, Swiggy Instamart, and Zepto are leaving…
In the highly competitive sector of quick commerce, Blinkit, owned by Zomato, has recently presented its quarterly performance, revealing some striking insights. The company reported a worsening adjusted EBITDA loss…