Food and grocery delivery major Swiggy has been increasingly recruiting executives from e-commerce platforms such as Walmart-owned Flipkart and Amazon, as it looks to foray into more businesses ...
Both Swiggy and Zomato have carved out significant shares in the Indian market, with Zomato accounting for approximately 55% and Swiggy for about 45% of the market by 2023. | Photo Credit ...
Swiggy Delivers 17% Surge in Debut as Investors Bet on Indian Quick Commerce By Hritam Mukherjee and Chris Thomas BENGALURU (Reuters) -SoftBank-backed Swiggy's shares ended nearly 17% higher in ...
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 ...
Shares of Swiggy ended debut day up 10.67% at ₹455.95 ($5.4) on Wednesday as the food-delivery and quick-commerce startup concluded India’s second-largest IPO this year. The closely watched ...
Zomato congratulated Swiggy on its successful IPO, which saw its shares open at a 7.69% premium. The food delivery giant's warm welcome on social media highlighted the healthy competition and ...
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 ...
Swiggy shares were listed with a 7.7% premium at ₹420 apiece on NSE.(Photo: Reuters) Swiggy's share price extended its upward momentum on Thursday, November 14, marking the second consecutive ...
Sriharsha Majety, chief executive officer of Swiggy Ltd., center left, and Ashish Kumar Chauhan, chief executive officer of National Stock Exchange of India Ltd., center right, ring the bell while ...
In a kind gesture, Zomato CEO Deepinder Goyal on Wednesday congratulated rival Swiggy on its stock market debut. Swiggy's shares got listed at a premium of nearly 8% on the NSE. "Congratulations ...
SoftBank-backed Swiggy's shares jumped nearly 15% in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers increasingly ...
Prosus, the largest shareholder in Tencent, is poised to reap significant rewards from its investment in Indian food delivery giant Swiggy. With an anticipated $500 million gain from Swiggy's ...