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ONDC mulls subsidy comeback amid slowdown in food deliveryThe move, if implemented, will allow firms such as Magicpin, Paytm, Ola Consumer and Waayu to use the ONDC incentives to offer discounts to...
NRAI to approach CCI over "private labelling" by Zomato, SwiggyThe National Restaurant Association of India (NRAI) plans to approach the Competition Commission of India regarding Zomato and Swiggy's all...
NRAI pushes ONDC as alternative to food delivery majors Zomato, SwiggyIn a townhall meeting on Wednesday, the industry body said it is approaching the courts, the competition watchdog and the government to pre...
Restaurants body eyes legal challenge against 10-minute delivery appsThe National Restaurant Association of India (NRAI) plans to pursue legal action against Zomato-owned Blinkit and Swiggy for launching stan...
ONDC corners 3% order volumes of Swiggy, Zomato: sourcesAs per sources, ONDC facilitates 60,000 orders per day in the food domain, capturing 3% of the total order volumes managed by Swiggy and Zo...
Zomato, Swiggy Instamart clock record orders on Mother's Day, beat New Year's Eve numbersOn Mother's Day, quick commerce and food delivery platforms saw high demand for gift items like flowers, handbags and chocolates.
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...
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...
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.
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 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...
Paytm may forego buyer app commission on ONDC: sourcesThis may help to further reduce the price on the open source network that is already challenging the duopoly of Swiggy and Zomato in the fo...
ONDC caps incentives for sellers; price difference with Swiggy, Zomato may reduceSo far, ONDC was offering an incentive of up to Rs 75 as discount to be provided for logistics for buyeon every eligible order. But with th...
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...
Zomato slides 7% on fears ONDC may hit profitabilityAnalysts said the disruption by ONDC, where consumers are buying food and grocery at cheaper prices, has hurt investor sentiment in loss-ma...
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...
Government’s ONDC arrives with a price war taking on food-delivery majors Zomato, SwiggyPrices on brands such as McDonald’s, Taco Bell, Behrouz Biryani, Wow Momo, Pizza Hut and Cafe Coffee Day are at 30-80% discounts on ONDC or...