Back

Account Deleted

Hey I am on Medial • 4m

𝗦𝘄𝗶𝗴𝗴𝘆'𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽 𝗜𝘀 𝗖𝗿𝗮𝘀𝗵𝗶𝗻𝗴 ! • Swiggy’s valuation has fallen below its pre-IPO valuation of $11.3 billion. The current share price is trading at ₹340, resulting in a market cap of approx. $9.4 billion. The peak share price of Swiggy was ₹617. • The main reason behind the decline in market capitalization is the financial results of Q3 FY25. Losses increased by 39% to ₹799 crores, and expenses increased by 32%, reaching ₹4,898 crores. • A significant portion of these expenses is due to the increase in the number of dark stores for Swiggy Instamart’s expansion. The company added 96 new dark stores to compete with Blinkit, Zepto, and Flipkart’s ‘Minutes’. • As Swiggy's Competitor , Zomato reported 5405 crores in revenue with profit of 59 Crores.

3 Replies
15
Replies (3)

More like this

Recommendations from Medial

Shivam Gupta

Business Finance And... • 2m

swiggy losses continuously grow.losses cross 929 crore due to expansion of Instamart dark stores and also Swiggy Instamart market share down 3.4 %

Reply
11
Image Description
Image Description

Account Deleted

Hey I am on Medial • 7m

Quick Commerce: Investment Highlights • Swiggy is planning to invest ₹1,600 crores in its subsidiary Scootsy. This funding helps Scootsy enhance operational capabilities and expand dark stores. • Similarly, Zomato plans to raise $1 billion through

See More
8 Replies
1
13

deepak s

Truth seeker • 10m

Good evening fellow surfers, considering our Q commerce space what is your opinion on building an adjacent network of mini dark stores operated by households who are motivated to earn by dedicating a fixed space in their residence and time to store,

See More
Reply
6

Ramana

Hey I am on Medial • 1m

Open ended doubt: Does it make sense to create a "Democratized Quick Commerce App" that connects kirana stores to quick commerce any store, stores can list themselves on app, like swiggy hotels and instead of the dark store model kirana/supermarkets

See More
Reply
2
Image Description

Inactive

AprameyaAI • 11m

Delhivery's Dark Store Revolution in Quick Commerce! How is India's logistics giant shaking up the quick commerce game? 👀 Here's the scoop on Delhivery's bold new strategy: → New Offering: Dark stores for quick commerce companies → Unique Approa

See More
1 Reply
2
8
Image Description
Image Description

Praneeth

Newbie • 4m

hey why do you think the quick commerce are relaying on dark stores rather than using the kirana stores as a stock and product management

2 Replies
6
Image Description

Vivek kumar

On medial • 5m

Quick commerce is passe, dark stores are going to be history. Welcome KiranaPro, the new-gen shopping giant-in-the-making that will ride on over 13 million kirana (small retail outlets) stores spread across the length and breadth of India.

1 Reply
1
13
Image Description
Image Description

Account Deleted

Hey I am on Medial • 8m

Swiggy IPO: Is It Worth It? • Swiggy 's IPO will open between November 6th and November 8th, aiming to raise 11700 crores at a valuation of $11.3 billion. • The share price is between 371 and 390 rupees per share. The offering includes fresh issue

See More
2 Replies
5

vishakha Jangir

 • 

Set2Score • 10m

𝗗𝗮𝗿𝗸 𝘀𝘁𝗼𝗿𝗲𝘀 🛍️ Dark stores are a type of retail distribution center or warehouse that primarily cater to online shopping, particularly for groceries and other fast-moving consumer goods (FMCG). They are called "dark" because they are not

See More
Reply
2
9
Image Description
Image Description

Nitin Rathod

Don't Give Up ⤴ • 8m

Blinkit The company has made several of its employees to sign an addendum to their contracts, extending their notice period from zero to two months. It is pertinent to note that over the last six months, quick commerce players have expanded operat

See More
5 Replies
2
11

Download the medial app to read full posts, comements and news.