Page 10 - Online Food Delivery

Japan's SoftBank will likely sell shares in India's Zomato: Report

U.S.-based firms Sequoia and Tiger Global, who were investors in Blinkit, had also received shares in Zomato after the acquisition

Zomato hits over 1-year high on extended buying; up 101% from 52-week low

The stock hit a 15-month high of Rs 86.37, gaining nearly 2 per cent on the BSE in Friday's intra-day trade

Swiggy forms five-member dedicated team to work on artificial intelligence

The food and grocery delivery firm has already been experimenting with technology by using AI to create images of food products

Zomato temporarily suspends rollout of UPI enrolment for new users

The rollout is on hold as the company is working to improve the onboarding process

Online sales in food, fashion fared better than offline in Q1FY23: Report

Nykaa is anticipated to record an 11% YoY increase in its fashion revenue while Zomato is expected to have outperformed the majority of QSRs

Chole Bhature, Biryani, Momos: What's India ordering most on Zomato?

North Indian cuisine dominates on Zomato with almost around 25 per cent contribution to both orders and gross merchendise value

Sourav Ganguly buys stake in inter-city food delivery platform JustMyRoots

The former Indian captain said that he has been investing in startups and currently holds such strategic stakes in four firms

Swiggy introduces 'WhatToEat' feature offering customised food choices

Online food delivery platform Swiggy on Tuesday said it has introduced an industry-first 'WhatToEat' feature aiming to simplify the selection process by offering personalised recommendations tailored to users' current moods, location, order history, the time of the day and other preferences. Users can now indicate what they are craving by selecting from a range of mood bubbles on the app, Swiggy stated. The feature will inform users of the rationale behind each recommendation, whether it's based on their order history, local trends, or popularity among other Swiggy users. To streamline the decision-making process, WhatToEat presents users with ten personalised recommendations for each order, cutting through the overwhelming number of choices, the food delivery platform stated.

Zomato introduces open food trends data platform to aid restaurant partners

Online food delivery firm Zomato Ltd on Friday introduced an open data analysis platform for food trends aimed to help its restaurant partners in taking a data-driven approach on prices, dishes and location. Zomato Food Trends is an open platform accessible to the general public free of charge and it will "provide insights by analysing data from millions of transactions across hundreds of cities in India", the company said in a statement. "Restaurant partners can use these insights to customise their strategies and undertake data-driven decisions to accelerate and amplify their success," it added. It has been introduced with "an aim to support both current and budding restaurant partners in taking a data-driven approach towards decision making", the company said. The food trends platform allows its restaurant partners to view demand and supply gaps that have been zoomed in to a locality level, price distribution and demand trends for different dishes or cuisines, and demand-supply

Zomato is now allowing its users to build multiple carts at one time

The feature, introduced as part of its latest app update, will help users to build carts from up to four restaurants

Even as commissions bite, eateries struggle to replace Swiggy, Zomato

While these platforms have helped increase the demand, their high commission rates eat into restaurants' profits

Cash transactions dramatically spike at petrol pumps, online orders: Report

One of major benefits of Centre's decision to withdraw the Rs 2,000 currency note might be the immediate uptick in consumption demand, according to State Bank of Indias Economic Research Department

US-based food ordering firm Grubhub to lay off 15% of its workforce

US-based online food ordering company Grubhub has announced to lay off about 15 per cent of its workforce, or nearly 400 employees, to maintain "competitiveness" in the market.

ONDC to test Zomato's dominance; valuation mark-down likely: Analysts

Zomato may have to compromise on the margins whenever ONDC scales up. Its valuation multiples may see up to 15 per cent correction, analysts said

ONDC faces weakening growth online, snags likely to hit expansion

The executives, who closely monitor ONDC's ecommerce integrations, reported that order returns and rejections for online purchases made through ONDC partners have been high

Suneil Shetty backed zero fee food delivery app Waayu launches in Mumbai

Waayu's launch comes at an interesting time when the government-backed Open Network for Digital Commerce platform is gaining more traction, following Swiggy's decision to charge Rs 2 platform fee

Multi-service platform ONDC beating Swiggy, Zomato: All you need to know

ONDC intends to bring the benefits of digitisation to millions of sellers and resellers in the country

Govt-backed ONDC looks to take a bite from Zomato and Swiggy plate

ONDC is not an app but a facilitative platform designed to "revolutionise" digital commerce

Swiggy disbursed over Rs 31 cr in claims to delivery partners in FY22-23

This is an increase of around 10% when compared to the FY 2021-2022

Swiggy disbursed over Rs 31 cr in claims to delivery partners in FY22-23

Online food delivery platform Swiggy on Wednesday said it disbursed more than Rs 31 crore in claim amounts to its delivery partners in the fiscal year 2022-2023