Food delivery

Motilal Oswal initiates coverage on Swiggy, sees 16% upside; here’s what the brokerage says | Stock Market News

TheSpuzz Desk1 month ago09 mins

Source: Live Mint Swiggy, the recently-listed food tech company, has garnered significant attention from leading domestic brokerage firms. After HDFC Securities and JM Financial, Motilal Oswal Financial Services (MOSL) has become the third domestic brokerage to initiate coverage on the stock. The firm believes that Swiggy’s quick commerce business could disrupt consumption patterns in India…

Zomato had many positives in Q2. A fundraising plan overshadowed them all.

TheSpuzz Desk2 months ago06 mins

Source: Live Mint Zomato Ltd’s September quarter (Q2FY25) result was decent. A key parameter – the gross order value (GOV) – of food delivery and Blinkit grew by 21% and 122% year-on-year, respectively. Growth rates are in line with management’s guidance. The company needs an average GOV of ₹7 lakh a day per store to…

Swiggy launches 10-minute food delivery service Bolt in six key cities

TheSpuzz Desk3 months ago02 mins

Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 10:08 PM IST IPO-bound food tech platform Swiggy on Friday announced the launch of its 10-minute meals and beverages delivery service Bolt. It is already operational in key locations across six major cities — Hyderabad, Mumbai, Delhi, Pune, Chennai, and…

Zomato rallies 5% to hit record high; stock has zoomed 127% so far this yr: Zomato share price

TheSpuzz Desk3 months ago06 mins

Source: Business Standard 4 min read Last Updated : Sep 11 2024 | 11:09 AM IST Shares of food aggregator Zomato hit a new high of Rs 281.40, as they surged 5 per cent on the BSE in Wednesday’s intra-day trade on expectations of a strong earnings growth. The company’s stock has surpassed its previous…

Got a PNB Credit Card? Here are discounts, offers for Zomato, Blinkit users

TheSpuzz Desk4 months ago02 mins

Source: Business Standard 1 min read Last Updated : Sep 06 2024 | 2:16 PM IST Punjab National Bank (PNB) has inked a pact with Zomato and Blinkit, offering exclusive discounts to their credit cardholders. These offers aim to elevate the dining and food delivery experience for PNB customers, providing them with significant savings…

Zepto set to enter buy now, pay later segment with ‘Zepto Postpaid’

TheSpuzz Desk4 months ago04 mins

Source: Business Standard 2 min read Last Updated : Sep 06 2024 | 5:13 PM IST Flush with funds, quick commerce major Zepto is gearing up to launch its own buy now, pay later (BNPL) offering, Zepto Postpaid. The programme, which is being teased on the Zepto app, is currently in its early…

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Swiggy launches 10-minute food delivery service Bolt in six key cities

Got a PNB Credit Card? Here are discounts, offers for Zomato, Blinkit users

Zepto set to enter buy now, pay later segment with ‘Zepto Postpaid’