Industry observers note that similar disputes remain common across restaurant aggregators, cloud kitchens, and quick commerce operators as tax…
Eternal-owned Zomato and Blinkit, which lead the food delivery and quick commerce segments, together delivered over 75 lakh orders on New Year’s Eve.
Under this collaboration, Zomato users will earn Zomato Money on every order paid using their Amazon Pay Balance, making food delivery both…
On the other hand, Bengaluru-based delivery platform Swiggy, too, is in discussions with the National Restaurant Association of India (NRAI)…
With this move, Zomato is taking a strategic step to align with growing consumer demand for health-conscious options, while leveraging AI to make…
As the railway network continues to modernize and food delivery platforms expand their presence, the question for operators is no longer whether this…
At the end of trading, Eternal’s market capitalisation stood at Rs 3,26,085.35 crore, positioning the company as the biggest gainer across both…
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,…
The company has received intimation on August 18, 2021, regarding dissolution and winding up of Zomato USA LLC effective from August 17, 2021, the…
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.
Zomato IPO subscribed 1.32 times on day 2, sees huge participation from young & first time investors
According to the statement, 27% of people who completed the Zomato IPO application on Paytm Money's platform were less than 25 years old while…
Out of the total allocation, 18.41 crore shares were allotted to 19 domestic mutual funds such as SBI, Axis, Aditya Birla, Kotak, Mirea to name a few.
Kotak Mahindra Capital Company, Morgan Stanley India Company Pvt Ltd and Credit Suisse Securities (India) Pvt Ltd are the global coordinators and…
Currently, orders are delivered through Zomato’s platform via EVs in cities such as Delhi, Bangalore and Mumbai.
The company said it intends to use the proceeds to fund growth initiatives and general corporate purposes.
These donations will be used towards the cause with the food delivery firm footing the entire administrative fee, he added.
As per the new addition, during check-out on the Zomato app, users will have the option to mark their orders for Covid-19 emergency, which will alert…
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