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ZOMATO EXPANSION STRATEGY
IT sector a contrarian opportunity at current valuations: Aditya ShahAditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst glo...
Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
Eternal's District dines out on growth, leaves Zomato behindEternal's going-out arm, District, showed strong growth in Q4FY26, surpassing its food delivery business. This highlights Eternal's strateg...
Eternal eyeing $1 billion in adjusted EBITDA by FY29, says Deepinder Goyal in shareholder letterEternal founder Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY2...
From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
Proptech startup Helium raise Rs 5 crore from Kunal Shah, Albinder Dhindsa, othersThe startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes...
Zomato not changing name to 'Eternal'? Food delivery giant shares updateZomato's parent company has been rebranded to Eternal Ltd, sparking online discussion and speculation about the future of its services. CEO...
Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?Zomato's stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a signifi...
Dark store count may touch 5,500 by FY26 as competition heats up in quick commerce: HSBC reportThe aggressive expansion plans are resulting in rising losses at these firms. That has seen the stocks of these companies take a tumble on ...
Zomato Q3 profit falls 57% on Blinkit spendingFollowing the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of trade on the NSE...
What’s cooking at Swiggy, Zomato? New business recipesThe gambit by the two fierce competitors—which have battled each other for over a decade—comes even as they take on the might of ecommerce ...
Zomato to focus on revenues; will return to basicsZomato will return to basics in the form of focus on old-fashioned topline and bottomline as it reorients itself in anticipation of a tough...
Zomato eyes quicker global expansion, opens subsidiary companies in over a dozen countriesIt has opened “on paper” companies in Mexico, Sweden, Germany, Finland and Norway complete with a bank account and other legal requirements.
Zomato buys Turkey’s restaurant search company MekanistRestaurant discovery service Zomato has announced the acquisition of Turkey’s Mekanist, increasing its coverage.
Zomato acquires Turkey-based Mekanist in all-cash dealMekanist's traffic and restaurant-related content will be shifted to Zomato, while Turkish restaurants will be able to make use of Zomato's...