Swiggy Vs Zomato: What’s a better bet now? 4 key factors to watch

Swiggy has declared its quarterly earnings, and it doesn’t look good on the bottom line. The management outlined that, just like the previous quarter, the expansion in dark stores is one of the main reasons behind the steep decline in profitability. The going hasn’t been that great in the overall Quick commerce space. Even Zomato’s Q4 net profit dipped, citing similar reasons: dark store expansion. As the earnings of both companies are out, it’s the perfect time to compare them and understand which stock offers better value at current levels.