Brands Companies News

Zomato Reports Q1 Profit, Shares Jump 15%

Zomato shares rose sharply for the second straight day after the company reported its first-ever quarterly profit. Shares of the food aggregator and delivery company Zomato soared 10 per cent on Friday and about 5 per cent today. At the time of writing this report, Zomato shares were trading 5 per cent higher at Rs […]

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Companies E-commerce & Marketplaces News

Zomato Reports 70% YoY Jump In Revenue, Profit Declines At Rs 188.2 Cr

Food delivery platform Zomato’s consolidated net loss for the quarter ended March narrowed sharply to Rs 188.2 crore on the back of a 70 per cent jump in its overall revenue. Zomato’s revenue from operations for the last quarter came in at Rs 2,056 crore compared with Rs 1,211.8 crore in the corresponding quarter of […]

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E-commerce & Marketplaces Feature Government News

Will ONDC Take Over Swiggy & Zomato?

The internet is buzzing all around with just one word – ONDC. Content creators, influencers, general public … they are all talking about ONDC and how it is ready to take on Food delivery apps like Swiggy and Zomato and save big bucks for the consumers. So what is the hype around ONDC? While the […]

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CHUK Expands Its Online Presence in Association With Zomato’s Hyperpure Platform

CHUK, a compostable tableware brand has announced its association with Hyperpure, Zomato’s marketplace that provides fresh, hygienic, high-quality food ingredients and food packaging supplies to restaurants. CHUK’s compostable delivery & dine in range will now be available on Hyperpure, helping brands to switch to safer alternatives in food service packaging. CHUK’s products for the delivery […]

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Brands E-commerce & Marketplaces Food/Entertainment Grocery News

Zomato Says Majority of Blinkit Stores Which Were Shut Have Resumed Ops

Zomato on Wednesday said the company had shut some of its stores of Blinkit for a few days and added, “Most of these stores have now resumed operations.” In addition to this, the food aggregator said over the past few days, it made changes in the delivery partners’ payout structure with respect to the Blinkit […]

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Brands Food/Entertainment News

Zomato Withdraws From 225 Small Cities “Not Very Encouraging” In Past Few Quarters

Zomato, a food-delivery and restaurant discovery network, announced its withdrawal from around 225 smaller cities last month in its December quarter results report. “Recently, in the month of January, we have exited around 225 smaller cities which contributed 0.3 per cent of our GOV (gross order value) in Q3FY23 (October-December),” Zomato chief financial officer Akshant […]

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Brands E-commerce & Marketplaces News

Zomato Clarifies On Shutting Down 10-min Food Delivery

Zomato gave clarification on stopping the 10- minute service on Friday. “Zomato stops 10-minute food delivery offering” which appeared in http://www.rediff.com on January 24, 2023. “In this regard, we would like to submit that the said news article itself clarifies Company’s stance,” the company said in its regulatory filing.  “Instant (10-minute food delivery offering) is […]

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E-commerce & Marketplaces News People

Zomato looking To Employ 800 Individuals: Deepinder Goyal, CEO Of Zomato

Deepinder Goyal, CEO of Zomato, announced on Monday that the firm was looking to employ 800 individuals for positions such as growth managers, software development engineers, and even chiefs of staff to the CEOs of Zomato, Hyperpure, and Blinkit. “We have roughly 800 vacancies vacant across these five roles at Zomato,” Goyal said on LinkedIn. […]

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Brands News People

Zomato Co-Founder And CTO, Gunjan Patidar Resigns

Gunian Patidar, the Chief Technology Officer and Co-founder of food delivery app Zomato, resigned on Monday. Patidar was one of Zomato’s first employees and was responsible for the company’s core technology systems, according to a regulatory filing. “Over the last ten years, he has also developed a stellar tech leadership team capable of taking on […]

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Brands E-commerce & Marketplaces Electronics

Blinkit To Deliver Boat Headphones And Accessories

Blinkit, owned by Zomato, announced on Wednesday that it has partnered with homegrown audio brand boAt to deliver headphones and other accessories to people’s doorsteps in Delhi-NCR, Mumbai, Kolkata, and Bengaluru in minutes. Blinkit co-founder and CEO Albinder Dhindsa said in a statement that boAt is extremely popular, and Blinkit is delighted to have them […]

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