E-Commerce News
Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
Swiggy’s stock surged 10% to ₹541.95, ahead of Q2FY25 results. Since its IPO, shares have risen 39%. Brokerages like UBS and Motilal Oswal view Swiggy favourably, citing growth potential in quick commerce and a unique all-in-one app approach.
2 min read3 Dec 2024Brands must acquire customer loyalty to succeed in quick commerce
Fast delivery isn’t enough. Q-com players must view loyalty of customers as a long-term investment and not a short-term tactic. Ease the experience, personalize the service product and roll out incentives. Above all, listen—don’t just shout.
4 min read29 Nov 2024Quick comm makes a dash for food deliveries
New players such as Swish and Zing are looking to emulate the learnings of well-established players such as Swiggy and Zomato, which started small and grew into well-capitalised, listed companies within a decade.
4 min read28 Nov 2024Quick commerce gets popular, users spending more on such platforms: Meta study
A Meta report reveals that 91% of Indian online consumers know about quick commerce, with over half using it recently. The rise is fuelled by convenience and efficiency. Influencers significantly impact consumer choices, especially among Gen Z, who are leading in quick commerce adoption.
4 min read27 Nov 2024Right now is not the time to slow down: Zepto co-founder and CEO Aadit Palicha
The firm plans to enter new categories like e-pharmacy and ramp up early offerings like Zepto Cafe and SuperSaver to capitalize on the burgeoning multi-billion-dollar quick commerce market.
9 min read27 Nov 2024Nykaa’s beauty business growth is a highlight, but margin is a sore spot
Higher marketing spends, sales and distribution expenses, and a slightly higher loss run-rate for the eB2B business weigh on Nykaa’s margins
1 min read18 Nov 2024Nykaa share price jumps over 5% after strong Q2 results. Should you buy, sell or hold the stock?
Nykaa’s share price jumped over 5% following impressive Q2 results, with a 72% YoY profit increase. However, analysts express concerns over future profitability due to higher marketing expenses. Should investors act on this stock surge or wait for more clarity?
1 min read13 Nov 2024Sea Needs More Than Good Earnings to Sustain 170% Comeback Rally
After a peer-beating stock rally of more than 170% from its January low, Southeast Asia’s top online-shopping company Sea Ltd. faces a high bar to impress investors with its upcoming third-quarter earnings report.
2 min read8 Nov 2024MercadoLibre Provisions Dent Profits as Credit Portfolio Expands
MercadoLibre Inc.’s aggressive push into credit across Latin America eroded profit in the third quarter.
2 min read7 Nov 2024Capital is not going to decide winners in quick commerce: Swiggy’s Sriharsha Majety
Swiggy’s CEO emphasized that customer experience, rather than capital, will dictate quick commerce success. As the company approaches its ₹11,300-crore IPO on 6 November, it plans to invest significantly in its Instamart service amidst rising competition in the hyperlocal delivery space.
6 min read31 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared