As per reports, Zomato decided to shut down international businesses as they do not contribute to its revenues, following its listing on the…
Restaurant partners can utilize this platform to access valuable information regarding demand and supply gaps, pricing distribution, and trending…
A consumer can "browse the menu, personalise your meal, and have hot and wonderful food delivered straight to your home within minutes,"…
In an analyst call, Goyal said Zomato was already positive on cash flow with its adjusted EBITDA losses at Rs 150 crore and other income was Rs 170…
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The company is also aiming at 100% adoption of EVs in our delivery fleet by 2030 as part of joining The Climate Group’s EV100 initiative.
If Zomato Instant works as envisioned, it will create significant impact on Affordability (at least 50% reduction in cost to the end customer),…
As per Zomato, India food delivery GOV in Q1 FY22 grew by 37% QoQ to INR 45.4 billion ($605m), from INR 33.1 billion ($442m) in Q4 FY21 (@ 1 USD = 75…
Shares of Zomato Ltd closed at Rs 138.30 per scrip on BSE, down 0.79 per cent from its previous close.
Earlier this week, model and makeup artist Hitesha Chandranee had posted a video clip on Twitter and Instagram alleging that she was hit by the…
To counter this, the company said it has introduced an additional ‘distance pay’ component, over and above the remuneration.
The food delivery company is looking to create a more sustainable and abreast ecosystem for food street vendors and facilitate greater earning…
In July, it reported that its FY20 India Food Delivery GMV grew by 108% over FY19.
It acquired Uber Eats India business in January 2020 which helped propel them to market leadership in this hotly contested space.
Ant Financial has invested close to $560 million in Zomato, giving it a stake of more than 25 percent in the company.
The firm has tied up with 1000 restaurants across the two new cities including legendary restaurants, favourites, Quick Service Restaurants (QSRs), and new cafes.
Maheshwary will be joining Zomato in July, from GE, where he is currently the CFO for South Asia, Zomato said in a statement.
The partnership allows consumers to choose from several payment options such as PhonePe Wallet, UPI (Unified Payment Interface), Credit and Debit cards to pay for their food orders on Foodpanda.
The food ordering accounted for 30 percent of the company’s revenue in FY18, when compared with 18 percent in FY17.
Zomato was 30,000 subscribers short before it launched the programme.
Online food delivery space has seen a resurgence after a few tough years on the back of user numbers growing rapidly.
Service which was launched in the UAE and Portugal earlier this year will be available at an inaugural price of Rs 299
While reduced competition in India's food-tech space has led to returning sensibilities in terms of discounting, players such as Swiggy, Zomato and FoodPanda still have some way to go before they can turn profitable.
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