Shares of quick commerce players--Swiggy and Zomato extended losses and dropped another 3 percent on January 22 amid growing concerns over intensifying competition in the sector. These concerns ...
Zomato’s consolidated revenue from operations rose significantly to Rs 5,405 crore from Rs 3,288 crore in Q3 FY24. (Image/Reuters) Despite Zomato’s shares on Tuesday falling 10.91% to Rs 214. ...
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
Zomato CEO Deepinder Goyal apologised to customers for charging a “veg mode enablement fee” via the platform, calling it stupid.(Mint) Online food delivery platform Zomato Limited's Chief ...
Zomato Ltd shares might have fallen 17 per cent in 2025 so far, they stare at 44 per cent further downside if Macquarie's fresh target price on the stock post Q3 results are taken into consideration.
Food delivery aggregator Zomato has hopped on an aggressive store expansion spree for its quick commerce business, Blinkit. This expansion has driven up investment costs, inflating Blinkit's ...
(Image/Reuters) Zomato has invested an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (RoC). With this latest infusion ...
Zomato's CEO Deepinder Goyal commends Blinkit's innovative 10-minute ambulance service in Gurugram. Leveraging its hyperlocal delivery network, the service provides around-the-clock medical ...
“Zomato's loss of 15% in value in less than a day has a lot to do with profit margins getting hit in high-growth q-commerce,” wrote Aviral Bhatnagar, Founder and Managing Partner of AJVC ...
But first, the big fight. It’s restaurants versus Swiggy and Zomato. The delivery person is taking over the kitchen. The already uneasy relationship between restaurants and food delivery apps ...
Sequentially, it surged 27% from INR 6,132 Cr. Amid Zomato’s continued push for its going-out business, the vertical registered the biggest 191% YoY and 35% QoQ surge at INR 2,495 Cr in the ...
Zomato has revealed some of its top trends from 2024. Check out which city placed the highest orders. Zomato also shared some unusual searches on the app. Placing online food orders is a trend that ...