These platforms, which began as aggregators, are now competing directly with their restaurant partners by offering their own products.
The clarification settles a long-standing debate between platforms and the government over whether aggregators are liable to remit tax on delivery…
Swiggy's Q1 FY26 results showed a strong revenue growth of 54% year-on-year to Rs. 4,961 crores, but the net loss widened sharply to Rs. 1,197…
In its filing on Monday, the Gurgaon-based company confirmed that the order is linked to goods and services tax (GST) for the period between July…
While revenue continues to rise, escalating expenses and competition leave Swiggy in the red.
Eternal, the parent company of Zomato and Blinkit, reported a marginal rise in its cash balance during the first quarter of FY26, despite significant…
The food delivery sector in India is projected to grow by 13–14 percent in the coming years, with a steady-state EBITDA margin of around 5 percent,…
According to a regulatory filing, Ranjan will cease to be designated as senior management personnel effective 6 July 2025.
Rapido plans to offer a lower commission range of 8 to 15 percent to restaurants, compared to the 16 to 30 percent currently charged by the existing…
Customers will now pay ₹15 for delivery between 4 and 6 km if the order value exceeds ₹150.
Beginning May 16, Gold members will be subject to the same surge rain fee as regular users, a charge aimed at ensuring fair compensation for delivery…
This growth comes alongside a strategic shift from Gross Order Value (GOV) to NOV reporting, offering a clearer picture of customer spend after…
Zomato Instant was followed by Zomato Everyday, offering homestyle meals with short delivery times, but that too has since been removed from the app.
The latest leadership transition reflects Zomato’s strategic approach to navigating a maturing and increasingly challenging food delivery landscape,…
The decision reflects the company’s commitment to maintaining authenticity in its platform, which is vital in the hospitality and retail industries in India.
Zomato was sent a GST demand notice for Rs 9.5 crore earlier this week. The Gurugram-based company has now received two GST notices in as many months, after receiving an Rs 184 crore penalty notice in April of this year.
Zomato shares rose by 0.10 per cent to close at ₹200.35 on 28 June, a slight increase from their previous high of ₹200.15 set earlier.
Furthermore, Zomato plans to incorporate additional features such as point of sale integrations and hygiene inspections.
Zomato's advisory, while well-intentioned, highlights the need for more robust measures to protect delivery staff during adverse weather conditions.
The food delivery service reported a consolidated net profit of Rs 175 crore for Q4 FY24, a significant turnaround from the Rs 188 crore loss in the same quarter last year.
These developments come on the heels of the company receiving tax demands and penalty orders from authorities.
He added that earlier large orders were handled by multiple delivery partners and the customer experience was not what the company aspired for.
By integrating Simpl's 1-Tap Checkout into Zomato, both companies anticipate the participation of millions of new and existing users, broadening the scope of services offered.
The company recorded an increase in total expenses, reaching Rs 3,383 crore, up from Rs 2,485 crore in the same period last year
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