Why Zomato continues to eat into Swiggy’s market share - Moneycontrol
WEBJul 6, 2023 · In 2020, Swiggy reigned supreme with a 52 percent market share. In the three years since, it has ceded space to its arch-rival, with Swiggy’s market share falling to 45 percent.
Zomato Extends Lead Over Swiggy, Has 57% Market Share In …
WEBJun 25, 2024 · Goldman Sachs estimated that Swiggy's biggest competitor Zomato now likely holds a 56-57% market share in the food delivery market.
swiggy fy23 revenue: Swiggy’s FY23 revenue grows 45% to Rs …
WEBJan 30, 2024 · Food and grocery-delivery firm Swiggy reported a 45% jump in operating revenue for fiscal year ended March 2023 to Rs 8,265 crore, even as its net loss expanded 15% to Rs 4,179 crore.
Swiggy valuation: Invesco marks Swiggy valuation at $12.7 …
WEBApr 9, 2024 · A fund managed by US-based investor Invesco has marked up the valuation of food and grocery delivery company Swiggy to $12.7 billion, up 18% from the valuation at which the Bengaluru-based firm last raised money in 2022, filings made with the US Securities and Exchange Commission showed.
Baron boosts Swiggy valuation to $12.16B, above prior private market …
WEBMar 8, 2024 · Swiggy — which counts Prosus Ventures, Accel and SoftBank among its backers — is expanding into consumer electronics and other categories, targeting a larger share of the e-commerce market by...
Swiggy valuation: Baron Capital marks Swiggy valuation at $12.1 …
WEBMar 8, 2024 · A fund managed by US-based asset manager Baron Capital Group has marked up the fair value of food-delivery platform Swiggy to $12.1 billion, 13% higher than the $10.7 billion valuation at which the Bengaluru-based firm last raised funds in 2022.
How Zomato Powered Past Swiggy In The Food Delivery Race
WEBDec 13, 2023 · However, Zomato maintained its lead with a 54% market share compared to Swiggy’s 46% in the food delivery space as of H1 2023, according to reports.
Invesco raises Swiggy’s valuation to nearly $8 billion
WEBOct 17, 2023 · The startup, valued at $10.7 billion in a funding round early in 2022, also lost some market share to Zomato, its arch publicly listed rival, according to Prosus. Now, not so much.
Zomato keeps its lead over Swiggy, gross ... - Business Standard
WEBJun 29, 2023 · Online food delivery platform Zomato maintained its lead over rival Swiggy with a 55 per cent market share in the food delivery space in calendar year ended December 31, 2022 (CY22), compared with Swiggy’s 45 per cent, according to a note by Kotak Institutional Equities released on Thursday.
Swiggy outpaces Zomato with higher revenue and scale in FY22
WEBJan 6, 2023 · Zomato and Swiggy made around 87% and 60% of their operating revenue from food delivery and other platform services. Collection of Zomato from the same ballooned 2X to Rs 3,651 crore whereas Swiggy reported over 83% growth to Rs 3,444 crore during FY22.
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