Swiggy launches ‘Scenes’ service: You will be able to book tickets for upcoming events, will compete with Zomato’s District app
Food delivery platform Swiggy has launched the ‘Scenes’ service under its out-of-home vertical, Dineout. This will allow you to book tickets for upcoming events. After recently listing in the stock market, Swiggy has launched this service to promote the event and ticketing business.
Swiggy has added this service in the Dine-out section of its original app itself. Currently, events like Christmas, New Year parties, live music and DJ nights are listed and tickets for them are being sold through Scenes in the Dineout section of the Swiggy app. Scenes is currently live in Mumbai and Bangalore. Soon it will be made live in other cities as well.
Will compete with Zomato’s District app, but movie tickets are not available The company will compete with Zomato’s ‘District’ app with this service, which was recently launched for iOS and Android users. The District app offers features like movies, sports, events and booking your table in restaurants. However, like Zomato’s District app, the service of booking movie tickets is not available in Swiggy’s scene.
Zomato’s Blinkit launches Bistro as the quick commerce arm enters the 10 minute food delivery sector. Earlier in December, Amazon also joined the race with the company’s rapid delivery branch Quick Commerce, which will compete with Blinkit, Swiggy Instamart, Zepto and BigBasket.
Swiggy’s loss reduced by 4.72% Swiggy’s loss has reduced by 4.72% in the second quarter of FY 2024-25. The company released the results of Q2FY25 on 3 December, 2 days ago. Swiggy has suffered a loss (consolidated net loss) of Rs 626 crore in the July-September quarter. In the same quarter last year, the company had suffered a loss of Rs 657 crore.
With this, the revenue in the second quarter increased by 30.33% to Rs 3601 crore. In July-September 2023-24, the company generated a revenue of Rs 2763 crore. The income from selling goods and services is called revenue. Swiggy was listed on the stock market on November 13, since then its stock has increased by more than 18%.
