Page 13 - Online Food Delivery

Swiggy announces permanent work-from-anywhere policy for most roles

Corporate, central business and tech teams will converge once a quarter at their base locations for a week to promote in-person bonding; it's work from office for partner-facing employees

Zomato tanks 14%, hits new low as lock-in for pre-IPO investors ends

That apart, according to Reuters, Domino's Pizza India franchise to consider taking some of its business away from popular food delivery apps, Zomato and Swiggy, if their commissions rise further.

BigBasket FY22 revenue up 17% to Rs 7,119 cr, loss widens 4x to Rs 813 cr

BigBasket expects GMV to grow 30% to Rs 13,000 cr in FY23 with quick commerce push; will scale up offline stores from 90 to 695 in a year, will double footprint to 70 cities

Zomato's Blinkit acquisition may delay its road to profitability: Analysts

Due to limited financial and operating data, and intense competition, we forecast Blinkit to turn profitable only by FY27. Thus, he path to profitability for Zomato may get extended from FY25 to FY26

TMSEp194: Job announcement, food delivery apps, markets, economy categories

What is PM Modi's 'one million job' drive? Why's govt asking food apps to ramp up complaint-redressal? Will US Fed rate hike trigger market selloff? What are the different economies? Answers here

Why's govt asking food delivery apps to ramp up complaint redressal system?

The govt has asked food business operators like Zomato and Swiggy to submit a proposal on improving their consumer grievance redress mechanism and breakups of all the charges. Let's find out more

Centre orders online food operators to show break-up of all charges levied

Asks them to submit plan in 15 days for improving complaint redress

Swiggy plan offers unlimited free deliveries from restaurants 10 km away

Membership programme has exclusive offers on 1,000 products in Instamart, the company's daily essentials service.

Swiggy temporarily shuts Genie across cities due to worker shortage: Report

Swiggy Genie services have been impacted across Mumbai, Hyderabad, and Bengaluru, said report

Food startups: Not all hunky-dory under Covid, not all bleak as it weakens

Not every enterprise Business Standard spoke to had it as good as Swiggy or Zomato, and some even saw their very business models at risk. But all feel the post pandemic era holds a lot of promise

Under fire from restaurants, Zomato pushes food policy deadline to May 3

Zomato added that it would work closely with its restaurant partners to establish the genuineness of any complaint received

Biryani, BSE and bills: All about a billion Razorpay transactions in FY22

One of the takeaways from data analysis is that trading activity grew 247% over previous financial year

Will Zomato's 10-minute food delivery turn out to be a game changer?

Zomato on Monday promised to deliver food within ten minutes of ordering, arguably becoming the first company in the world to do so. So, what does it mean for the food delivery ecosystem?

Zomato in a spot as 10-minute delivery plan faces ire from all quarters

Restaurants are, at the moment, averse to the 10-minute delivery plan

Foodie couple and an online biz delivering sweets, snacks fresh to the door

Mirchi.com serves 20,000 pin codes with a delivery model that promises to bring the delicacies to your door absolutely fresh from across mainland India within 1-3 days

Florida-based restaurant group sues Google for directing customers away

A restaurant group in the US has sued Google for directing customers to unauthorised Google-branded food ordering web pages rather than sending them to the restaurant's own website.

China wipes $26 billion off Meituan's value with new fee policy

Online food delivery platforms were also told to give preferential fees to restaurants in regions hit by the pandemic

Zomato net loss narrows 81% to Rs 66 cr in Q3, revenue grows 86%

The firm will invest $400 mn in quick commerce over next two years

Zomato to invest $400 mn in quick commerce over next two years

Foodtech firm will also set up NBFC to disburse credit to customers, restaurants and food delivery workers

Zomato's Q3 loss narrows to Rs 63 cr, revenue jumps 83%

The company reported exceptional gain of Rs 316 crore during the quarter