Page 10 - Online Food Delivery

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

Swiggy unveils 'platform fee' of Rs 2 on food orders in monetisation push

Rolled out in phases over last week, the fee is applicable only on food delivery orders at the moment and not on orders on Instamart - the company's quick commerce arm

Coca-Cola to buy minority stake in food delivery platform Thrive: Report

The partnership with Thrive is expected to drive consumer demand for Coca-Cola's beverages

4 reasons why HSBC thinks Zomato is a great buy at the current levels

HSBC said, Zomato has seen an improvement in the market share it lost to Swiggy, thanks to the launch of Zomato Gold

In a bid to rationalise costs, Swiggy sells cloud kitchen business

Swiggy started the Access platform between 2017 and 2019 with an investment of Rs 175 crore; announcements were made to infuse an additional 75 crore by March 2020, pandemic derailed expansion plans

Zomato approaches restaurants to hike commission charges by 2-6%: Report

For the past two years, Zomato has been charging 18-25 per cent commission per order for deliveries

Zomato launches home-style cooked meal delivery service, starts at Rs 89

Online food delivery platform Zomato on Wednesday said it will deliver fresh homely meals crafted with real home chefs at affordable prices

Zomato planning to set up 'Rest Points' for its delivery partners

Online food delivery platform Zomato on Thursday said it is building public infrastructure called 'Rest Points' to support the entire gig economy and delivery partners of various companies. In a blog post, the company's Founder and CEO Deepinder Goyal informed that it already has two 'Rest Points' operational in Gurgaon and plans to create more rest points in the most dense clusters of its food delivery business. Rest Points offer clean drinking water, phone-charging stations, access to washrooms, high-speed internet, a 247 helpdesk and first-aid support. Goyal, however, did not disclose the number or the location for setting up these Rest Points. "We recognise that delivery partners face multiple challenges while on the job, from navigating through traffic to delivering orders in inclement weather conditions. "In line with our commitment to their welfare, we are delighted to announce The Shelter Project under which we have started building public infrastructure (called Rest Poin

Ankit Nagori-led Curefoods aims to expand cloud kitchens across India

Curefoods is expecting to reach annual recurring revenue (ARR) of Rs 1000 crore ($122 million) by the end of this year and it aims to be ready for an IPO in 18 months