Food delivery workers' income drops 11% in 3 years
Monthly incomes of long-shift food delivery workers plunged 11% to ₹11,963 in May 2022 from ₹13,470 in 2019
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Swiggy's annual losses widen 80% to $545 million
Prosus says its share of Swiggy's losses stood at $180 million
Swiggy’s food delivery biz GMV up 40% to $1.3 bn in H1
Swiggy’s one of the biggest investors Prosus says its share of Swiggy's trading losses increased to $105 mn on investment in both core food delivery biz and Instamart.
What's behind Zomato’s Blinkit acquisition?
Revenue growth in food delivery is tapering out. How do you continue growing? Quick commerce opens up a new market as the grocery market is much larger than the food delivery market, says an analyst
Zomato, Swiggy get 15 days to submit grievance redressal plan
The Department of Consumer Affairs directed food delivery platforms to transparently show consumers the breakup of all charges.
Hotel chains rediscover F&B with delivery apps, food trucks & specialty joints
Indian Hotels' Qmin, Meetha By Radisson are a few of the options for foodies seeking a gourmet food experience within the comfort of their home.
Zomato IPO: Uber laughs all the way to the bank
After booking profit on Uber Eats sale, the ride hailing app is sitting on 5.6x gain in Zomato.
Business not as usual for e-commerce firms
While the government says e-commerce firms can resume delivery of non-essential items from April 20, a surge in the number of Covid-19 cases in the past week could stop consumers from shopping online.
New investors join food delivery bandwagon
Swiggy and Zomato have raised small tranches from new investors amid a slowdown in business.
Swiggy Go launched in Bengaluru
Swiggy Go will deliver all sundry items including laundry products, lunch boxes, documents, and parcels to the customer’s doorstep.
