{"id":903739,"date":"2025-02-07T09:24:33","date_gmt":"2025-02-07T03:54:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=903739"},"modified":"2025-02-07T09:31:39","modified_gmt":"2025-02-07T04:01:39","slug":"swiggy-zomato-face-rising-costs-amid-slowing-growing-in-food-delivery-biz","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/07\/swiggy-zomato-face-rising-costs-amid-slowing-growing-in-food-delivery-biz\/","title":{"rendered":"Swiggy, Zomato face rising costs amid slowing growing in food delivery biz"},"content":{"rendered":"<p>Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing slowing growth, adding to their financial pressures. Rising competition in the q-comm segment has forced both companies to increase spending, thereby impacting profitability. Analysts expect this trend to persist for the next two quarters before a potential turnaround. <\/p>\n<p>Both companies reported weaker-than-expected earnings for Q3FY25. Zomato\u2019s net profit dropped 57% y-o-y to Rs 59 crore, while Swiggy\u2019s losses widened to Rs 799.08 crore from Rs 574.38 crore a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as Zomato and Swiggy ramp up their quick commerce operations, their core food delivery business is witnessing slowing growth, adding to their financial pressures. Rising competition in the q-comm segment has forced both companies to increase spending, thereby impacting profitability. Analysts expect this trend to persist for the next two quarters before a potential turnaround. Both companies reported weaker-than-expected earnings for Q3FY25. Zomato\u2019s net profit dropped 57% y-o-y to Rs 59 crore, while Swiggy\u2019s losses widened to Rs 799.08 crore from Rs 574.38 crore a year earlier.<\/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-903739","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\/903739","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=903739"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903739\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=903739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=903739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=903739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}