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ONDC IMPACT ON ZOMATO
Rapido crashes food delivery party. Should Swiggy and Eternal investors be worried?Rapido has entered the food delivery space with an aggressive low-commission model, undercutting Swiggy and Zomato and shaking investor sen...- PhonePe’s Pincode exits non-food categories in ecommerce business rejigPhonePe is restructuring its ONDC strategy by exiting several non-food categories. The Walmart-owned company unveiled its ecommerce venture...
- ONDC to launch revised incentive structure from June 1Under the new scheme, the maximum discount that can be offered per order has been limited to Rs 100, compared to Rs 125 earlier. Further, t...
- Explained: ONDC vs Zomato-Swiggy and what it means for the food-delivery spaceMenu items from major food chains, including McDonald’s, Taco Bell, Behrouz Biryani, Wow Momo, Pizza Hut and Cafe Coffee Day, are available...
- Zomato continues to watch ONDC progress closely; claims it gained market share in Jan-MarZomato on Friday reported a 70% year-on-year jump in its operational revenue for the March-quarter to Rs 2,056 crore, and its net loss narr...
- ONDC may levy two kinds of fees to meet costs: CBOThe Open Network for Digital Commerce (ONDC) plans to levy two kinds of fees to meet its costs in the long run, the non-profit company’s ch...
- ONDC not close to shaking up online food-delivery industry: ReportInvestment banking firm JM Financial in a report said the current commissions charged by network participants are not sustainable.
- ONDC not significant near-term threat for Zomato: Kotak EquitiesOnline food delivery platform Zomato is unlikely to be significantly affected by the government-led Open Network Digital Commerce (ONDC) in...
- ETtech’s top stories this week: Razorpay, Byju’s, ONDC vs Zomato and SwiggyFrom exclusives and scoops to in-depth analysis, read ETtech’s most important stories from the week gone by.
- Why cash will become a commoner; and other top tech & startup stories this weekTo be sure, cash will continue to play a big part in the Indian economy. But over the next five years, cash will no longer be king. It will...
- ONDC benefits may not be enough to offset Zomato, Swiggy scale: JefferiesIt is unsustainable for ONDC-enabled apps to offer higher discounts or lower delivery charges in the absence of the incentives funded by th...
- Ola’s valuation slashed 35% to $4.8 billion; ONDC caps incentives for sellers, discounts may reduceLate-stage startups in India are hit by valuation markdowns, a trend which unfolds during all downcycles in technology. After Byju’s, Swigg...
- ONDC a threat to Zomato only if it scales up meaningfully, says Motilal OswalMotilal Oswal has reiterated a "Buy" rating on Zomato stock, claiming it has found "no evidence" of an adverse impact from the Open Network...
- Snags hit ecommerce orders on ONDC; IT firms hire more women in FY23Government-backed Open Network for Digital Commerce (ONDC) is set for rough weather ahead as the platform faces roadblocks while scaling. T...
- ONDC logs slow ecommerce uptake, snags may hit expansionElectronics, fashion items, smartphones and others are considered broadly the key drivers of online sales across marketplaces. While ONDC, ...
- Explained: ONDC vs Zomato-Swiggy; Fresh round of layoffs at LinkedInThe government-backed Open Network for Digital Commerce (ONDC) is being seen as a serious threat to food-delivery majors Zomato and Swiggy....
- How will ONDC shake up Zomato and Swiggy? ICICI Sec’s Abhisek Banerjee analysesAbhisek Banerjee of ICICI Securities, believes that ONDC is initially stealing business from aggregators, but it will limit the potential c...
- Zomato shares tumble 5% as investors fear disruption from ONDCZomato's shares decreased by nearly 5% on NSE amid concerns about the impact of Open Network for Digital Commerce (ONDC) on the food delive...
- Deepak Shenoy on ONDC effect on Zomato & also what caused the U-turn in market sentimentIndian earnings are back on track with 15% median earnings growth for the Nifty companies having been announced. Coming to whether ONDC wil...
- 3 sectors Dipan Mehta is bullish on for near termSo I would just like to wait for more consistent numbers, industry outperformance before I look at Tech Mahindra again. As I said, right no...
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