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Zomato shares plunge after Invesco cut rival Swiggy's valuation
TechCrunch via Yahoo! Philippines News· 1 year agoShares of Indian food delivery firm Zomato ended session on Tuesday at a decline of 6%, hours after...
US investors slash Byju's and Swiggy valuation
TechCrunch via Yahoo! Philippines News· 1 year agoBlackRock has cut the valuation of Byju’s, which is India’s most valuable startup at $22 billion, by nearly half to $11.5 billion, according to filings...
Daily Crunch: In its second markdown in 4 months, Invesco slashes Swiggy's valuation to $5.5B
TechCrunch via Yahoo! Philippines News· 1 year agoHaje is off today, so it’s just me and you going through the day’s biggest stories. Price cut in...
Invesco cuts Swiggy valuation by half to $5.5 billion
TechCrunch via Yahoo! Philippines News· 1 year agoInvesco, which led Swiggy's previous round, has marked down the Indian food delivery giant's...
Swiggy's food delivery business reaches profitability
TechCrunch via Yahoo! Philippines News· 1 year agoIndia's Swiggy said on Thursday that its marquee food delivery business has become profitable,...
India's official e-commerce network is nibbling away at Swiggy and Zomato
Quartz via Yahoo! Philippines News· 1 year agoIndia’s state-backed Open Network for Digital Commerce (ONDC) has triggered a price war among its...
India's gig economy drivers face bust in the country's digital boom
TechCrunch via Yahoo! Philippines News· 1 year agoSuneeta Kohli, a female Uber driver in New Delhi, had her account suddenly disabled one evening...
A top Indian IT chief may be right in saying "moonlighting is cheating"
Quartz via Yahoo! Philippines News· 2 years agoSwiggy, one of India’s biggest food-delivery firms, recently gave its vote of confidence to...
What is wrong with Amazon in India?
Quartz via Yahoo! Philippines News· 2 years agoUS e-commerce behemoth Amazon had big dreams for its India business. Since 2013, it has invested more than $6.5 billion, eyeing the top market position...
Zomato's new pay structure has prompted 1,000 delivery workers to quit
Quartz via Yahoo! Philippines News· 1 year agoA revised pay structure has reportedly upset Zomato’s Blinkit employees so much that around 1,000 of...