Page 14 - Swiggy

Swiggy introduces 'WhatToEat' feature offering customised food choices

Online food delivery platform Swiggy on Tuesday said it has introduced an industry-first 'WhatToEat' feature aiming to simplify the selection process by offering personalised recommendations tailored to users' current moods, location, order history, the time of the day and other preferences. Users can now indicate what they are craving by selecting from a range of mood bubbles on the app, Swiggy stated. The feature will inform users of the rationale behind each recommendation, whether it's based on their order history, local trends, or popularity among other Swiggy users. To streamline the decision-making process, WhatToEat presents users with ten personalised recommendations for each order, cutting through the overwhelming number of choices, the food delivery platform stated.

Zomato keeps its lead over Swiggy, gross merchandise value jumps 26%

In its annual report earlier this week, Prosus - Swiggy's biggest investor with a 33 per cent stake in the company - indicated that Swiggy's losses jumped 80 per cent year-on-year (YoY) between Jan 1-

Zomato is now allowing its users to build multiple carts at one time

The feature, introduced as part of its latest app update, will help users to build carts from up to four restaurants

Swiggy's losses jump 80% YoY and PayU business rev up 31%: Prosus

Swiggy's core restaurant food delivery business, Prosus said, recorded GMV growth of 26 per cent, while Instamart -- its quick commerce vertical - grew its GMV by 459 per cent

Even as commissions bite, eateries struggle to replace Swiggy, Zomato

While these platforms have helped increase the demand, their high commission rates eat into restaurants' profits

Even with smaller incentives by Centre, daily orders on ONDC touch 30,000

ONDC's majority of retail orders come from the food and beverage category, with a small amount coming from the grocery category

Competition Commission of India lens on Big Tech as Apple probe nears end

The new Chairperson, Ravneet Kaur, along with other members, is expected to take up the matter in their meeting soon, along with several other pending cases against Big Tech companies

ONDC limits discounts to Rs 100 per order in new incentive scheme

The cap for maximum price incentive has been fixed at Rs 100 per order and it should not exceed 50% of the order value, including shipping charges

Biryanis, condoms, Jalebi-Fafda & soup bowls: What we Swiggy'd in IPL 2023

Biryani remains the most-ordered dish on delivery platform Swiggy, during the cricketing extravaganza, which came to a close in the wee hours of Tuesday

Swiggy Announces Biryani for 'Most Ordered Food' during IPL Season

At Swiggy, with 212 orders per minute, Biryani wins as the most frequently ordered dish during IPL 2023

Swiggy's food delivery business turned profitable in March: CEO Majety

Rare for global food delivery platforms to achieve profitability in less than 9 years, he says

Can ONDC upset Swiggy/Zomato duopoly to disrupt the food delivery market?

Although ONDC's hyperlocal tilt gives small sellers effective inroads in e-commerce, disruption in food delivery market will be contingent on building scale, meeting quality set up by Swiggy, Zomato

Top headlines: Record dividend for Tata Sons, govt testing for cough syrup

Business Standard brings you top news at this hour

With growing user base, ONDC can start a price-war in ecomm market: Report

However, the new e-commerce platform has a long way to go before it can match the technological and service capabilities of companies like Amazon, Flipkart, Swiggy, Zomato, and others

US investor Baron Capital slashes Swiggy's valuation by 34% to $7.1 bn

In January last year, Swiggy raised $700 million in a funding round that was led by Invesco and saw participation from a host of investors including Baron Capital Group

Zomato begins its own UPI offering, Flipkart expected to follow soon

The report citing sources added that e-commerce platform Flipkart is also hopping on the bandwagon and has started its work for UPI offerings

Discounts, incentives not funded by govt money, clarifies ONDC CEO Koshy

Recently, ONDC has gained a lot of traction because of the stiff competition it is posing to major food aggregators like Swiggy and Zomato

Suneil Shetty backed zero fee food delivery app Waayu launches in Mumbai

Waayu's launch comes at an interesting time when the government-backed Open Network for Digital Commerce platform is gaining more traction, following Swiggy's decision to charge Rs 2 platform fee

TMS Ep428: ONDC, passkeys, markets, Maharatna & Navratna Cos

Is ONDC the biggest threat to Zomato and Swiggy? Are we heading to a world without passwords? How will markets react to Karnataka poll results? What are Maharatna and Navratna companies? Answers here

US-based Invesco further slashes Swiggy's valuation to $5.5 billion

The revised valuation represents a massive 49% decrease from the $10.7 billion valuation