Swiggy v Zomato: Just putting it out there

Some comparisons:

• Swiggy’s trading losses reduced to $158mn during FY24 while Zomato reported a positive Ebitda of c.$5mn during FY24.
• Swiggy’s GOV growing at 26% YoY vs Zomato at 36%
• Swiggy had 387,000 active delivery partners vs 418,000 for Zomato
• Swiggy Instamart had 487 active dark stores compared to 526 for Blinkit
• Swiggy’s overall revenue growth of 24% YoY was lower than Zomato’s adjusted revenue growth of 55.9% YoY.

😎