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ZOMATO UPDATE
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- Food delivery giant Zomato gets regulatory nod for name change to Eternal LtdThe company is rebranding itself for the second time. It was founded as Foodiebay in 2008 and was renamed Zomato in 2010. The move highligh...
- Zomato shares plunge over 7% on PAT fall, food business slowdownZomato reported a 57% drop in December quarter net profit to Rs 59 crore, down from Rs 138 crore a year ago. Sequentially, PAT fell 66% fro...
- Zomato shares plunge over 7% on PAT fall, food business slowdownZomato reported a 57% drop in December quarter net profit to Rs 59 crore, down from Rs 138 crore a year ago. Sequentially, PAT fell 66% fro...
- Zomato takes a 'jab' at Deepinder Goyal's 'chief of staff' role, says 'no need to pay us Rs 20 lakh' for new offerZomato announced a special weekend offer for its Gold membership, allowing users to subscribe for six months at just ₹30, a dig at CEO Deep...
- Zomato board approves Rs 8,500 crore fundraising plan via QIPThe company unveiled its QIP plan alongside its Q2FY25 earnings, where the food delivery platform reported a 389% increase in consolidated ...
- Zomato users get new 'Delete' feature after wife found husband making late-night ordersZomato's Delete Order feature, announced by CEO Deepinder Goyal on X, originated from Karan Singh's 2023 viral plea. Singh's post humorousl...
- Zomato unveils Zomato AI: Your personalized food assistantZomato, the popular online meal delivery service, has launched Zomato AI, an interactive chatbot integrated into its app to enhance the foo...
- Zomato Q4 Results: Cons loss narrows to Rs 188 crore, revenue surges 70% YoYZomato, a food delivery aggregator, reported a narrowing of losses in the March quarter, with consolidated net loss narrowing to Rs 188 cro...
- Zomato co-founder Mohit Gupta resigns, third high-profile exit in recent daysGupta said the journey to build a world class tech business out of India, for India (and then maybe the world) is still on
- 'Unfair trade practice.' Zomato fined Rs 10,000 for cancelling customer's Rs 287 pizza orderOnline food delivery company Zomato also has been ordered to provide one free meal to the complainant.
- Aswath Damodaran re-evaluates Zomato at Rs 35. Read his rationaleAllowing for the wide ranges of estimates that one can have on the total market for food (restaurant and grocery) delivery in India in 2032...
- The Hunger Games that played out between food-delivery apps on Twitter on New Year’s eveThe live updates about the orders by Goyal and Majety provided inputs on how the two rival companies were handling the high volumes given Z...
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