Tag: ZAMATO

Zomato and Swiggy, have taken a notable hit as competition in the quick commerce sector intensifies. Both companies experienced a drop in their stock prices due to increasing pressure from new entrants and heightened rivalry from established players in the fast-delivery market. Zomato’s stock fell by 3.2%, while Swiggy’s declined by 2.5% in the most recent trading session. This downturn reflects growing investor concerns about the escalating competition in the food delivery and quick commerce landscape, which has seen a rise in both new startups and the aggressive expansion of…

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