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Swiggy’s net losses nearly doubled year on year (YoY) to INR 1,197 Cr, driven by aggressive quick commerce expansion, while its operating revenue surged 54% YoY to INR 4,961 Cr
Despite the weak results, two global brokerage firms, Jefferies and Morgan Stanley, remained optimistic about the company’s stock, citing strong growth indicators
The stock has delivered a negative return of 27% to investors on a year-to-date basis, in sharp contrast to the Sensex’s positive return of…
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Swiggy’s net losses nearly doubled year on year (YoY) to INR 1,197 Cr, driven by aggressive quick commerce expansion, while its operating revenue surged 54% YoY to INR 4,961 Cr
Despite the weak results, two global brokerage firms, Jefferies and Morgan Stanley, remained optimistic about the company’s stock, citing strong growth indicators
The stock has delivered a negative return of 27% to investors on a year-to-date basis, in sharp contrast to the Sensex’s positive return of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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