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ZOMATO COMMISSION FINE
Ecommerce, quick commerce chasing ad spends with profitability in focusOnline platforms like Amazon, Flipkart, Blinkit, Instamart, Zepto, Zomato, and Swiggy are set to earn substantial advertising revenue. This...- Restaurant body NRAI to approach CCI against Zomato, Swiggy over 10-minute food delivery appsZomato-owned Blinkit and Swiggy recently launched standalone apps named Bistro and Snacc, respectively. The National Restaurant Association...
- Zomato's QIP pricing; qcomm’s bulk ordersHappy Tuesday! Zomato opened its much-talked about qualified institutional placement which expects to rack up Rs 8,500 crore as the quick c...
- Zomato rallies on Sensex entry; Apple vs CCI explainedZomato shares rose sharply as the food delivery firm is set to be included in the BSE Sensex. This and more in today’s ETtech Top 5.
- ETtech in-depth: Cloud kitchens change flavours as pandemic-driven sheen fades awayCloud kitchens, which boomed during the pandemic, are slowing down. They are busy redrawing their plans to adapt to the new reality
- JioMart Express stops services; Reliance Retail to vie for a slice of beauty ecommerceWithin a year of its launch, Reliance Retail’s JioMart has halted the operations of JioMart Express, its quick commerce grocery delivery se...
- PhonePe raises $100 million in fresh funding; Deepinder Goyal dismisses talks of attrition at ZomatoThe fundraise follows PhonePe’s recent change of domicile to India and full separation from the Flipkart group. Flipkart doesn’t own any st...
- Zomato shares fall 4% post Q3 results. Should you buy, sell or hold?"Zomato Management is confident of delivering Ebitda break-even ex-QC by Sep'23, with the possibility of this being achieved in the Mar-23 ...
- Google on the ropes in IndiaA day before the deadline, Google announced several changes to Android in India, such as allowing device makers to license its individual a...
- Twitter 'un-fires’ dozens of workers; Zomato Pay goes live in some citiesDays after laying off close to half its workforce, Elon Musk’s Twitter has decided to ask dozens of sacked employees to return after realis...
- '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.
- NCLAT to hear Amazon next week; Zomato’s Goyal invests in Park+Amazon will ask the National Company Law Appellate Tribunal (NCLAT) next Monday to stay the Competition Commission of India’s (CCI) order s...
- Resignation at Zomato; India, Singapore tie-up on paymentsIn March, Zomato CEO Deepinder Goyal announced the launch of the company’s nutrition business. But things didn’t go to plan and the company...
- Zomato's express deliveryFrom Zomato's IPO debut to BlackBuck becoming the latest startup unicorn and RBI outlining its digital rupee plans, here's a quick look at ...
- Your IPO is on the wayFrom Zomato filing its IPO, to Google and Microsoft's record profits and Freshworks gearing up for its public offering, here's a quick look...
- An alternate delivery channel: What began as a Covid-time experiment is now being explored by all restaurantsIndustry executives said D2C channels also allow the restaurants to customise guest experiences and access to direct customer feedback inst...
- Contactless dining unsustainable, say top restaurants chainsLarge restaurant chains said contactless dining plans announced by food services aggregators including Zomato may not be sustainable and th...
- Fine-dining chains smell the money in delivery-only brandFirms utilise their excess kitchen capacity and cloud kitchens to cash in on the food-delivery boom.
- TGI Fridays’ Indian partners sell stake to Singapore firmThe food service sector, estimated at over Rs 4 lakh crore in FY19, is forecast to grow to Rs 5.5 lakh crore by 2021
- After Amazon & Flipkart, now Swiggy, Zomato face the ire of small businesses500 small to mid-sized restaurants sign online petition addressed to CCI and PMO; accusations include use of deep discounting, in-house kit...
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