Swiggy vs Zomato: Who's Leading the Food Delivery Game

Swiggy's latest numbers are here, but how do they compare to Zomato? Let's find out who is really leading the food delivery game. Swiggy's revenue jumped by 36% to ₹11,247 crore and they have cut losses by 44% to ₹2,350 crore. Zomato however, paid more revenue ₹12,114 crore and reported a profit of ₹351 crore. Swiggy's food delivery business is already making money but their total order value is still behind Zomato's ₹24,700 crore versus ₹32,224 crore. This reflects in market shares too. Zomato holds 57% while Swiggy has 43%. In quick commerce, Swiggy's Instamart grew faster but Zomato's Blinkit still leads in total orders ₹8,100 crore compared to ₹12,468 crore. Can Swiggy catch up or will Zomato stay ahead? Comment below with your thoughts on who will win this food delivery race. 

 

VC- ‪@nextbigthingshow‬

 

With inputs from agencies

Image Source: Multiple agencies

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