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ONDC JEFFERIES
Exclusive: IPO-bound Flipkart explores food delivery launchFlipkart, owned by Walmart, is assessing entry into online food delivery, starting with a Bengaluru pilot around May-June and a wider launc...- We remain very positive on capital goods, defence, and manufacturing: Hemant ShahNotably, multinational companies in this sector, such as those in bearings and chemicals, have posted exceptionally strong numbers. Therefo...
- Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITCMacquarie maintained an underperform rating on Zomato with a target price of Rs 76. The company has seen steady margin improvements and str...
- Buzzing Stock: Zomato shares jump 7% in early trade; here's whyZomato shares rose over 7% after news of an investor meeting and Jefferies’ Christopher Wood including Zomato in his India long-only portfo...
- 6 reasons why ONDC changed its incentive structure from June 1ONDC will bring in a new incentive structure from June 1, effectively changing how discounts are offered to customers ordering on the netwo...
- 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...
- Control is back in your hands: NRAI advises restaurants on ONDCThe ONDC platform has started by offering prices 30-80% lower to consumers and charging significantly lower commissions from restaurants, c...
- 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...
- Google sets billing option deadline; Flipkart head of new biz Adarsh Menon quitsDespite an ongoing legal tussle with startup body Alliance of Digital India Foundation, Google has asked Indian app developers to adopt one...
- 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.
- 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.
- ONDC may not match Zomato-Swiggy scale: Jefferies; Twitter set to get new CEOThe government-backed ONDC may be many things, but as things stand, it cannot match the benefits of scale food delivery majors Zomato and S...
- 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...
- Hot Stocks: Brokerages on Mankind Pharma, Lupin, MGL, Zomato, Godrej ConsumerBrokerages have initiated coverage and maintained ratings on several companies, according to top brokerages sources. Antique has initiated ...
- SaaS firm Plotch to bring 10,000 small sellers on ONDCThe company has recently facilitated the launch of e-commerce major Meesho and IDFC First bank on the ONDC platform through its full-stack ...
- Logistics startup Grab.in integrates with government’s ONDCWhile Reliance Retail-backed Dunzo is already on the ONDC as one of the logistics partners, Grab's entry marks Reliance's formal entry into...
- SoftBank, Sequoia, other VCs push ONDC to portfolio firmsThe Indian Venture Capital Association (IVCA) also recently held a meeting with the ONDC team to understand how various startups could coll...
- Prepaid card numbers crash; Tech Mahindra CEO bats for free spectrumUntil May, fintech companies were issuing five to seven lakh prepaid cards a month to customers. But in June the RBI barred non-banks from ...
- Govt’s open ecommerce network not as easy to execute as UPI: JefferiesEquity research firm Jefferies said in a recent report that compared to ONDC, the issues that the digital payments railroad, Unified Paymen...
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