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Stockreport

Swiggy escalates India quick-commerce battle with 10-minute meals [TechCrunch]

Walmart Inc. (WMT)  More Company Research Source: TechCrunch
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The Bengaluru-headquartered startup, which is targeting to go public in about a month , said it has partnered with more than 2,700 restaurants, including global chains KFC, McDonald's, and Starbucks, to deliver meals to customers within 10 minutes. The service, called Bolt, focuses on quick-to-prepare items and operates within a 2-kilometer radius of customers. Swiggy's head of food delivery, Rohit Kapoor, said the service aims to reduce wait times for frequently ordered items like coffee, burgers, and biryani. “Ten years ago, Swiggy revolutionized food delivery by cutting average wait times to 30 minutes. Now we're reducing that wait even further for frequently ordered items,” he said in a statement. Bolt is live in key locations across Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, said Swiggy, which competes with publicly listed Zomato. The launch intensifies competition in India's fast-growing quick-commerce market , which has grown by more than 100% in a yea [Read more]
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Stockreport

Swiggy escalates India quick-commerce battle with 10-minute meals [TechCrunch]

Walmart Inc.  (WMT) 
More Company Research Source: TechCrunch
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The Bengaluru-headquartered startup, which is targeting to go public in about a month , said it has partnered with more than 2,700 restaurants, including global chains KFC, McDonald's, and Starbucks, to deliver meals to customers within 10 minutes. The service, called Bolt, focuses on quick-to-prepare items and operates within a 2-kilometer radius of customers. Swiggy's head of food delivery, Rohit Kapoor, said the service aims to reduce wait times for frequently ordered items like coffee, burgers, and biryani. “Ten years ago, Swiggy revolutionized food delivery by cutting average wait times to 30 minutes. Now we're reducing that wait even further for frequently ordered items,” he said in a statement. Bolt is live in key locations across Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, said Swiggy, which competes with publicly listed Zomato. The launch intensifies competition in India's fast-growing quick-commerce market , which has grown by more than 100% in a yea [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS