"Consumer value (on ONDC) will be dramatically different and superior to current e-commerce platforms," he said
Online aggregator's operating metrics improved and loss reduced, says investor
Impresario Entertainment & Hospitality, which operates food chains like SOCIAL and Smoke House Deli, has seen a 20-30 per cent spike in order volumes during the ongoing event
According to Deepinder, in some of these cities, Blinkit's GOV, which is growing at more than 80 per cent, is already more than Zomato's
Surges 18x sequentially in Q2; uptick in adoption of loyalty plan key driver
Swiggy had begun levying a platform fee to its customers in April regardless of the order value
This membership includes free delivery, extra benefits in food, and grocery, and 30 per cent extra discounts across over 20,000 restaurants
Swiggy had been accused of rounding up the bill total to the nearest whole number and adding Rs 3 to customers' order value
This is because the stock price of Zomato is factoring in all the positives, including earnings growth
With the acquisition, the company said customers can anticipate a broader range of high-quality, non-perishable food items as it enters the regional packaged food sector
Ashish Lingamneni, vice president (VP), head, brand and product marketing, and Nishad Kenkre, VP, head, revenue and growth, Instamart, have also left the food delivery firm in the recent past
The report also mentions that the food delivery platforms have helped create jobs for young workers in Tier-II and Tier-III cities
U.S.-based firms Sequoia and Tiger Global, who were investors in Blinkit, had also received shares in Zomato after the acquisition
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
The food and grocery delivery firm has already been experimenting with technology by using AI to create images of food products
The rollout is on hold as the company is working to improve the onboarding process
Nykaa is anticipated to record an 11% YoY increase in its fashion revenue while Zomato is expected to have outperformed the majority of QSRs
North Indian cuisine dominates on Zomato with almost around 25 per cent contribution to both orders and gross merchendise value
The former Indian captain said that he has been investing in startups and currently holds such strategic stakes in four firms
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.