{"id":867145,"date":"2024-10-17T09:25:11","date_gmt":"2024-10-17T03:55:11","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867145"},"modified":"2024-10-17T09:30:44","modified_gmt":"2024-10-17T04:00:44","slug":"ipo-bound-swiggy-4-6-quarters-behind-zomato-in-key-metrics-says-macquarie","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/17\/ipo-bound-swiggy-4-6-quarters-behind-zomato-in-key-metrics-says-macquarie\/","title":{"rendered":"IPO-bound Swiggy 4-6 quarters behind Zomato in key metrics, says Macquarie"},"content":{"rendered":"<p>Swiggy, which plans to go public in November, is \u201c4-6 quarters behind\u201d its rival Zomato in key metrics within the food delivery and quick commerce sectors, according to a report by Macquarie titled \u201cHead-to-Head: Zomato versus Swiggy\u201d. <\/p>\n<p>In the food delivery segment, Swiggy\u2019s gross order value (GOV) is around 27% lower than Zomato\u2019s, the report said. For Q1 FY25, Swiggy recorded a GOV of $820 million, compared to Zomato\u2019s $1.116 billion. This gap has widened over time: in FY23, Swiggy\u2019s GOV of $2.66 billion was 18% lower than Zomato\u2019s $3.26 billion, but by FY24, the difference had increased to 23%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiggy, which plans to go public in November, is \u201c4-6 quarters behind\u201d its rival Zomato in key metrics within the food delivery and quick commerce sectors, according to a report by Macquarie titled \u201cHead-to-Head: Zomato versus Swiggy\u201d. In the food delivery segment, Swiggy\u2019s gross order value (GOV) is around 27% lower than Zomato\u2019s, the report said. For Q1 FY25, Swiggy recorded a GOV of $820 million, compared to Zomato\u2019s $1.116 billion. This gap has widened over time: in FY23, Swiggy\u2019s GOV of $2.66 billion was 18% lower than Zomato\u2019s $3.26 billion, but by FY24, the difference had increased to 23%.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-867145","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867145"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867145\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}