Tue, Oct 29, 2024
Swiggy's last funding round, led by Invesco in 2022, valued the company at $10.7 billion, underscoring investor confidence despite ongoing sector-wide cash burn and profitability hurdles.
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Thu, Oct 24, 2024
Online food delivery platforms Zomato and Swiggy have hiked platform fee in certain cities in the midst of festive season.
Wed, Oct 23, 2024
Zomato's stock has skyrocketed 135 percent in the last year, significantly outperforming the Nifty's 28% rise, offering investors remarkable returns and solidifying its position as a market favorite.
Thu, Oct 05, 2023
September was great for Zomato. Excellent in terms of delivery percentage. Second best month after listing
Fri, Sep 01, 2023
According to a release by the company, Zomato AI is an intelligent and intuitive foodie companion that uses multiple agent framework.
Wed, Aug 30, 2023
Big block deal happened in Zomato today: SoftBank sold a big stake today. Who has sold his share so far? Zomato: What is the trend of DIIs' share, know complete details in this video
SoftBank Vision Fund is offloading 10 crore shares in Zomato in a block deal worth Rs 940 crore. The sale follows the complete exit of Tiger Global from Zomato. Zomato shares rallied 73% in the last six months and the company's market cap breached the $10 billion mark. Shares of Zomato were trading 3.7% higher at Rs 98.20 on August 30 in early morning trade.
US-based investment major, via its VC fund Internet Fund III Pte Ltd, exited online food delivery platform Zomato.
Tue, Aug 29, 2023
Shares of Zomato were trading higher by 1.69 per cent at Rs 93.89 in early morning trading on Tuesday.
Mon, Aug 28, 2023
Tiger Global and billionaire Yuri Milner's DST Global on Monday sold a 1.8 per cent stake in online food ordering platform Zomato for Rs 1,412 crore through open market transactions.
Zomato share price: Morgan Stanley spoke highly of Zomato's decision to roll out a platform fee of Rs 2/order across all cities. The brokerage firm said that the platform fee would improve the profitability of the food delivery segment.
Morgan Stanley report on Zomato: What is special about Morgan Stanley's report? What is the view of brokerages on Zomato? Know how will be the growth of business in future?
Giving a tough fight to Zomato-Swiggy dominance in online food delivery market, Open Network for Digital Commerce (ONDC), an initiative of the government, on Monday said that 50,000 restaurants are now live for placing online orders on the Open Network, across 172 cities.
Mon, Aug 21, 2023
India's food delivery market is predominantly run on two-wheelers, and there is a huge opportunity to electrify delivery fleets, save costs and foster sustainability, the statement said. (Image credit: )
Fri, Aug 18, 2023
“We strongly suggest that long-term investors use these liquidity events to build a sizable position in Zomato as it not only offers a strong play on India's online food services market but is also, post the Blinkit acquisition, shaping up into a formidable diversified play on online retail”, it said.
Sun, Aug 13, 2023
Labour Minister Bhupender Yadav told lawmakers this week any scheme for gig workers might be funded through contributions by federal and state governments, as well as the platforms.
Wed, Aug 09, 2023
Geojit Financial Services Ltd has put forward a 'Buy' rating for Zomato stocks, with expectations of a 22 per cent return on investments over a period of 12 months.
Mon, Aug 07, 2023
Zomato on Thursday reported its first-ever quarterly net profit of Rs 2 crore. The company's revenue from operations also jumped to Rs 2,416 crore from Rs 1,414 crore in the same quarter last fiscal.
Zomato Share Price: Online food delivery firm Zomato's shares touched a 52-week high on Monday, continuing to rise for the fifth session in a row. Last week, Zomato reported an ahead-of-schedule quarterly net profit, in a sign it was on track to sustained earnings growth. The company had reported net losses for each of the eight quarters since it went public in 2021.
Why did Deepinder Goyal of #Zomato write 'Delivery Boy' in his profile? What kind of growth is possible in Hyperpure and Dining Out? Does Zomato's Founder & CEO ever order on Swiggy? What's the message to investors? Watch the first Hindi interview of #zomato management with Anil Singhvi...
More than 40-50% growth possible in Zomato? Why Anil Singhvi became bullish on #zomato? Watch the first Hindi interview of #zomato management with Anil Singhvi...
What is Zomato's plan for the future? When will Blinkit turn profitable? Watch the first Hindi interview of #Zomato's management with Anil Singhvi...
What changed in E-commerce? What is Zomato's plan to make Blinkit profitable? When will Blinkit be profitable? How much cash does Zomato have, what will Zomato do with the cash? Watch the first Hindi interview of zomato management with Anil Singhvi...
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