Swiggy's stock fell to ~$4.29 on February 6, below its ~$4.45 IPO price, after hitting ~$7.04 in December 2024, as Q3 results showed Instamart lost market share (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Swiggy's stock fell to ~$4.29 on February 6, below its ~$4.45 IPO price, after hitting ~$7.04 in December 2024, as Q3 results showed Instamart lost market share  —  Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses …

Feb 7, 2025 - 18:06
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Swiggy's stock fell to ~$4.29 on February 6, below its ~$4.45 IPO price, after hitting ~$7.04 in December 2024, as Q3 results showed Instamart lost market share (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Swiggy's stock fell to ~$4.29 on February 6, below its ~$4.45 IPO price, after hitting ~$7.04 in December 2024, as Q3 results showed Instamart lost market share  —  Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses …