Tag: Zomato
17 Results
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Zomato now available in Hindi, delivering 150K orders via regional language platforms
Online food delivery platform Zomato on Friday announced it is now available in Hindi and other widely spoken regional languages including Bengali, Gujarati, Kannada, Malayalam, Punjabi, Marathi, Tamil, and Telugu.
November 25, 2022 -
Zomato plans to lay off 3% of its workforce
Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 percent of its workforce on account of cost-cutting efforts and to turn profitable
November 19, 2022 -
Zomato narrows net loss to Rs 251 cr, crosses $1 bn in annualised revenue
Online food delivery platform Zomato on Thursday said that its consolidated net loss decreased to Rs 251 crore for the September quarter, against Rs 430 crore in net loss in the same quarter last year.
November 10, 2022 -
India’s Swiggy, Zomato amongst Top 10 global food delivery platforms
Indian food aggregator platforms Swiggy and Zomato have featured in world's 'Top 10' e-commerce-based food delivery companies. A report published by global research firm ETC Group titled 'Food Barons 2022 - Crisis Profiteering, Digitalization and Shifting Power' placed Swiggy and Zomato the 9th and 10th spot, respectively.
September 22, 2022 -
Zomato withdraws ad campaign featuring Hrithik Roshan after protest
In Zomato’s new ad campaign we see Hrithik Roshan ordering ‘thali’ from ‘Mahakal’ out of cravings and hunger.
August 22, 2022 -
Zomato forms umbrella organisation ‘Eternal’ with multiple CEOs
The company will refer to this bigger association as "Eternal", when Zomato's stock gets pounded on Dalal Street (it was drifting around Rs 46 on Monday and has plunged around 69% this year)
August 1, 2022 -
Zomato Reports Net Loss of Rs 360 Crore during First Quarter
According to the food delivery platform, “The Company’s expenses almost doubled to Rs 1,701.7 crore in the March quarter, compared with Rs 885 crore a year ago, according to the company's regulatory filing.”
May 24, 2022 -
Zomato, Swiggy suffer brief outage due to ‘technical glitch’
Various users took to social media with complaints like unable to place orders or browse menus.
April 6, 2022 -
Zomato shares decline as CCI probes alleged unfair business practices
Following a complaint from the National Restaurant Association of India (NRAI), the CCI said that it is of the view that there exists a prima facie case with respect to some of the conduct of Zomato and Swiggy, "which requires an investigation by the Director General (DG), to determine whether the conduct of platforms have resulted in contravention of the provisions".
April 5, 2022 -
Markets open on positive note; stocks of Zomato, Asian Paints in green
At 9.30 a.m., the S&P BSE Sensex of the BSE traded at 60,166.86 points, up 0.26 per cent.
November 18, 2021 -
After Zomato, Policybazaar IPO to keep markets racing
A major chunk of money raised through the IPO will be used for expansion of the company's operations and for furthering growth plans
August 2, 2021 -
Markets trade in green; healthy response to Zomato’s debut
According to Binod Modi, Head Strategy at Reliance Securities: "Domestic equities look to be modestly good as of now."
July 23, 2021 -
Zomato flies on market debut, up 68% from issue price
Post the stellar debut, the market capitalisation of Zomato is around Rs 1 lakh crore. Currently, it is at Rs 96,103.45 crore.
July 23, 2021 -
Zomato seeks CCI nod for 9.3% stake in Grofers
Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake.
July 1, 2021 -
Zomato emerges most trusted brand during pandemic: Survey
Amazon and Flipkart continued to be locked in the ecommerce battle.
May 4, 2021 -
Zomato inks strategic partnership with InCred
The InCred-Zomato tie-up aims to extend financial assistance to cash-strapped businesses for meeting their business growth and working capital needs.
December 21, 2020 -
Zomato closes $660 million funding round at $3.9 billion valuation, says Deepinder Goyal
In another tweet, Goyal said that on top of this USD 660 million, the company is in the process of closing a USD 140-million secondary transaction.
December 19, 2020