food delivery business


US Investment Firm Invesco Slashes Swiggy Valuation By 33% To $5.5 Billion

Banking - Published date: .

This is the second time Invesco has trimmed the valuation of Swiggy, which is backed by SoftBank and Prosus Read more

Zomatos Q3 Loss Swells To <span Class='webrupee'>₹</span>346 Cr On Slump In Food Delivery Business

World - Published date: .

Loss surged to ₹346.6 crore for the third quarter ended 31 December from ₹63.2 crore in the year earlier, the comp... Read more

Swiggy Lays Off 380 Employees To Cut Costs

World - Published date: .

Swiggy cited macroeconomic headwinds and slowing growth in food delivery business as the reasons behind these layoffs Read more

Amazon Will Continue To Invest In New Biz: Manish Tiwary

World - Published date: .

It would also scale up and invest significantly in grocery, social commerce, business-to-business (B2B) marketplace, pha... Read more

Zomato's FY20 Revenue Grows 105% To $394 Mn, Loss Rises 6% To $293 Mn

Banking - Published date: .

The Gurugram-based firm had cut 13 per cent jobs in May due to the impact from Covid-19 Read more