Despite numbers, Zomato must tweak Gold to cut profitability drag, say expertsWhile loyalty programmes would ensure customer stickiness, the unit economics need to make sense in the longer run, analysts and experts sa...
06 Nov, 2023, 06.00 AM IST
Driven by Gold subscriptions, Zomato’s food business keeps swellingThe food business’s GOV hit Rs 7,980 crore in the latest quarter, against Rs 6,631 crore a year ago, and up from Rs 7,318 crore in the prec...
03 Nov, 2023, 06.22 PM IST
Fundamental Radar: Why is Zomato poised for re-rating despite rich valuations? ICICI Sec answersGiven the outlook of a sharp profitability improvement in all three businesses of Zomato, ICICI Securities believes that valuations for the...
12 Oct, 2023, 10.17 AM IST
Swiggy tests bundling for ‘One’ subscriptions, experiments with pricing tiersFood-delivery major Swiggy is working with banking and telecom firms to roll out bundled plans that include Swiggy One subscriptions. The c...
30 Aug, 2023, 12.58 PM IST
Zomato shares zoom over 18% in 7 days, hit 52-week highShares of Zomato, an Indian online food delivery aggregator, jumped 17.5% in the past week and touched a 52-week high of Rs 80 ($1.07) on 2...
12 Jun, 2023, 11.53 AM IST
Zomato Gold price hike raises investors' hopes. Here's what Kotak recommends"We believe Zomato will eventually increase its pricing by offering higher renewal prices to existing customers (only three-month plans are...
16 Mar, 2023, 03.43 PM IST
ETtech Explainer: how restaurants responded to Zomato Gold's comebackThe National Restaurants Association of India (NRAI), an industry body, has advised restaurants to step up their own loyalty programmes on ...
31 Jan, 2023, 04.53 PM IST
Zomato shares tumble 15%. What's cooking?"The relaunch of the loyalty programme is important due to growing concerns on sequential growth in Zomato’s food delivery business and the...
25 Jan, 2023, 05.20 PM IST
Zomato enters fintech space, launches co-branded credit card with RBL, Master CardThe more premium Edition card is priced at Rs 3,000 (exclusive of taxes). Apart from the basic features such as Zomato credits on every pur...
03 Mar, 2020, 11.17 AM IST
Orders go down as Zomato & Swiggy raise delivery feesOver the last six to eight months, the two dominant players have also started passing on restaurant packing charges and certain taxes to co...
28 Jan, 2020, 09.12 AM IST
8000-strong hotels body to shun Zomato Gold deliveryGold was extended to delivery by Zomato in September, amidst the stalemate on dine-in services.
25 Nov, 2019, 02.34 PM IST
Piyush Goyal to meet NRAI in bid to resolve Zomato issueNRAI was asked to enlist their grievances with aggregators , particularly those concerning deep discounts and data masking,” NRAI president.
22 Oct, 2019, 08.30 AM IST
Zomato takes Infinity Dining off the tableBased on an 'all-you-can-eat' model, this was the biggest bone of contention between Zomato and restaurants.
13 Sep, 2019, 12.07 PM IST
Zomato tweaks its Gold programme, but restaurants still refuse to biteNRAI said restaurants would not come back until ‘deep discounting’ is off the table.
22 Aug, 2019, 07.13 PM IST
“We request restaurant owners to stop Logout campaign”, tweets Zomato’s Deepinder GoyalAnother tweet from Goyal pointed out that the average price of a delivery order in India is just about the same as that of China.
17 Aug, 2019, 09.27 PM IST
Zomato’s Infinity Dining turns sour for eateriesRestaurants say loyalty programme has led to food wastage, while earnings have stayed low.
08 Aug, 2019, 07.59 AM IST
Zomato launches subscription-based 'Zomato Gold' in IndiaAs part of the programme, subscribers will get access to complimentary food and drinks at over 1,200 top-rated restaurant partners, when th...
15 Nov, 2017, 08.42 AM IST