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ZOMATO PROFITABILITY MILESTONE
Eternal Q4 Preview: Will over 400% YoY profit growth help dominate Swiggy?Zomato is likely to report strong Q4 growth, with revenue rising about 180% YoY and profit up nearly 430%, driven by Blinkit’s continued mo...- Buildit: Eternal CEO Albinder Dhindsa turns author, pens book on Blinkit’s journeyAlbinder Dhindsa, Eternal CEO and Blinkit cofounder, is launching his book Buildit, announced book publisher HarperCollins. The book, price...
- Zomato parent’s least flashy business may be its strongest moatEternal's Hyperpure unit has made a successful leap into profitability, marking a pivotal moment for this B2B restaurant supply endeavor as...
- Year in Review | Zomato in 2024: A year of milestones, momentum and controversiesIn 2024, Zomato achieved profitability milestones and diversified its revenue streams under CEO Deepinder Goyal. The company's quick commer...
- Zomato becomes first new-age tech firm to join Sensex: what’s the significance?Zomato's inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder Goyal-led company ...
- ET Awards 2024: Zomato wins Emerging Company award; here's how profitability milestone, diversification push propelled it to SensexZomato, a pioneer in India's online food delivery sector, achieved profitability and a $32 bn market cap. Its journey includes a successful...
- Zomato shares face resistance at Rs 280 level, breakout may deliver returns up to 24%Zomato share price: Zomato shares are showing bullish potential with resistance at Rs 280. If sustained, targets of Rs 320-340 are possible...
- Zomato signs lease for its largest warehousing space in BengaluruFood delivery giant Zomato secures its largest warehouse yet, spanning 300,000 sq ft in Bengaluru's Sumadhura Logistics Park. The park, inv...
- Zomato’s Rs 2 cr profit sparks hilarious response from netizens, Paytm boss Vijay Shekhar Sharma congratulates Deepinder GoyalZomato, the Indian food delivery platform, posted its first-ever net profit on Thursday. Among congratulations from well-wishers, including...
- Zomato CEO delivers friendship bands, food on friendship day, calls it 'best Sunday ever'Zomato CEO Deepinder Goyal, calling it "best Sunday ever", rode his Royal Enfield bike to personally hand out friendship bands and food to ...
- Zomato's Q1 results enhance investor appetite as share jumps 8%. Should you buy?The food delivery platform reported a consolidated net profit of Rs 2 crore for the quarter ended June 2023 against a loss of Rs 186 crore ...
- Swiggy CEO says food-delivery biz turned profitable in March, Zomato's Deepinder Goyal tweets ‘nicely done’“As of March 2023, Swiggy’s food delivery business has turned profitable (after factoring in all corporate costs; excluding employee stock ...
- In March, Swiggy’s food-delivery biz turned profitable, excluding Esop costs: CEO Sriharsha MajetyFood delivery platform Swiggy on Thursday announced that it has turned profitable as of March 2023.
- 'Tech winter is not coming for Zomato.' Deepinder Goyal says it's best time to look for great talentGoyal said that the rough years for the tech industry are only a blip.
- Uber Technologies likely to sell 7.8% stake in Zomato through block dealThe sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchang...
- Zomato stock: Undisclosed shareholder to sell 61 crore shares in block deal tomorrowShares of Zomato ended 20 per cent higher at Rs 55.60 today. The stock has lost over 60 per cent of its market value in the tech sell-off o...
- Zomato Q1 Results: Net loss narrows to Rs 186 crore; revenue jumps 67% YoYThe consolidated revenue from operations surged 67.44 per cent YoY to Rs 1,413.90 crore from Rs 844.40 crore in the corresponding quarter l...
- Zomato reports break-even at EBITDA level in food delivery business. Is path to profitability near?"On the profitability front, the food delivery business hit an important milestone last quarter by getting to Adjusted EBITDA break-even. C...
- Zomato expects small cities, towns to contribute 50% of monthly order volume by March 2020The online restaurant guide company is currently present in 556 cities and towns in India, Zomato said.
- Food tech startups focus on execution as investors tighten purse-stringsIn food-tech, technology is as much about creating efficiencies in the supply chain as it is about making ordering and order management eas...
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