Zomato: Zomato tanks over 10% on weaker numbers, drags Swiggy along, too

Mumbai: Shares of online food delivery and quick-commerce platform operator Zomato tanked by over 10% on Tuesday after its consolidated net profit in the December quarter dropped 57% from a year ago. Swiggy shares also declined 8% with Zomato’s disappointing earnings rubbing off on its smaller…