Tag: Swiggy
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Swiggy Q2 Loss Narrows as Instamart Growth Boosts Stock
Swiggy’s Q2 snapshot: loss narrows amid rapid Instamart growth Swiggy Ltd, the Indian food and grocery delivery platform, saw its stock rise more than 2.5% in early trading after reporting a narrowed net loss for the second quarter, even as the company’s overall losses remained substantial. The key driver behind the uptick was the rapid…
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Swiggy Shares Climb as Q2 Loss Narrows on Instamart Momentum
Swiggy: Q2 Results Highlight Narrowing Loss amid Instamart Growth Swiggy Ltd, India’s leading food and grocery delivery platform, saw its shares rise about 2.5% to around Rs 434 in trading after releasing its second-quarter (Q2) results. While the company continued to report a net loss for the quarter, the pace of the loss narrowed compared…
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Swiggy Q2 Loss Narrows as Instamart Fuels Quick Commerce Growth
Swiggy’s Q2 Performance: A Narrowing Loss Amid Rapid Instamart Growth Swiggy Ltd, India’s leading food and grocery delivery platform, saw its stock rise more than 2.5% to around Rs 434 in the wake of its second-quarter results. While the company’s net loss widened in absolute terms, a sequential improvement underscored the steady momentum of its…