{"id":887306,"date":"2024-12-13T08:20:14","date_gmt":"2024-12-13T02:50:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=887306"},"modified":"2024-12-13T08:38:59","modified_gmt":"2024-12-13T03:08:59","slug":"swiggy-shares-under-pressure-after-lock-in-period-expires-premium-membership-launch-fails-to-lift-investor-sentiment","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/13\/swiggy-shares-under-pressure-after-lock-in-period-expires-premium-membership-launch-fails-to-lift-investor-sentiment\/","title":{"rendered":"Swiggy shares under pressure after lock-in period expires- Premium membership launch fails to lift investor sentiment"},"content":{"rendered":"<p>The food and grocery delivery platform, Swiggy\u2019s shares traded lower on Wednesday (December 12), declining 1.42 per cent intra-day. This is primarily attributed to the fact that the lock-in period for anchor investors in the IPO expired on December 11. However, the stock is also in focus today after the company on December 11 announced \u2018One BLCK\u2019, an invite-only premium membership offering faster deliveries and on-time guarantees, aimed at enhancing customer loyalty and lifetime value. This however, failed to lift sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The food and grocery delivery platform, Swiggy\u2019s shares traded lower on Wednesday (December 12), declining 1.42 per cent intra-day. This is primarily attributed to the fact that the lock-in period for anchor investors in the IPO expired on December 11. However, the stock is also in focus today after the company on December 11 announced \u2018One BLCK\u2019, an invite-only premium membership offering faster deliveries and on-time guarantees, aimed at enhancing customer loyalty and lifetime value. This however, failed to lift sentiment.<\/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-887306","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\/887306","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=887306"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/887306\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=887306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=887306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=887306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}