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Page 15 - Zomato

Food delivery just got pricier: Swiggy joins Zomato with Rs 10 fee hike

Zomato has communicated that its festive season hike is temporary, whereas Swiggy has not offered any such clarification

Food delivery just got pricier: Swiggy joins Zomato with Rs 10 fee hike
Updated On : 24 Oct 2024 | 4:08 PM IST

Zomato share price slips 3% as company clarifies hiking platform fees

Zomato said that hiking platform fees was not a rumor, as the source of information mentioned in the article is the Zomato mobile application itself.

Zomato share price slips 3% as company clarifies hiking platform fees
Updated On : 24 Oct 2024 | 12:52 PM IST

Zomato raises platform fee to Rs 10 as festive season demand spikes

With a reported order volume of 647 million in FY23, the Re 1 increase could add Rs 65 crore to Zomato's annual revenue

Zomato raises platform fee to Rs 10 as festive season demand spikes
Updated On : 23 Oct 2024 | 12:30 PM IST

What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price

Zomato reported a 388 per cent year-on-year rise in second quarter net profit at Rs 176 crore, from Rs 36 crore in the year ago period

What led Zomato to slip 5% despite 5x rise in Q2 PAT? CLSA ups target price
Updated On : 23 Oct 2024 | 10:51 AM IST

Zomato Q2 results: Profit rises 5x to Rs 176 crore, revenue up 69%

The company has also received approval from its board of directors to raise up to Rs 8,500 crore via QIP of equity shares

Zomato Q2 results: Profit rises 5x to Rs 176 crore, revenue up 69%
Updated On : 22 Oct 2024 | 11:25 PM IST

Zomato Q2 results: Net profit rises to Rs 176 crore, misses estimates

The company also approved raising up to Rs 8,500 crore via the issue of shares in a qualified institutional placement

Zomato Q2 results: Net profit rises to Rs 176 crore, misses estimates
Updated On : 22 Oct 2024 | 4:11 PM IST

Zomato's CEO Deepinder Goyal launches health, wellness startup 'Continue'

Goyal, who has long expressed interest in health and wellness, has previously invested $10 million in Alpha Wave-backed Ultrahuman-a startup that makes health tracking wearables

Zomato's CEO Deepinder Goyal launches health, wellness startup 'Continue'
Updated On : 21 Oct 2024 | 5:13 PM IST

Zomato likely to post robust Q2 nos with 7x increase in PAT, say analysts

In Q2, investors will monitor any change in guidance from Zomato/Blinkit and the 'District' scale-up strategy

Zomato likely to post robust Q2 nos with 7x increase in PAT, say analysts
Updated On : 21 Oct 2024 | 10:20 AM IST

Karnataka plans 1-2% levy on aggregator platforms like Swiggy, Zomato, Uber

The levy of such a fee is part of the state govt's draft notification on Platform-based Gig Workers (Social Security and Welfare) Bill, 2024

Karnataka plans 1-2% levy on aggregator platforms like Swiggy, Zomato, Uber
Updated On : 18 Oct 2024 | 11:02 PM IST

Zomato share price drops 5% on BSE on Friday; QIP, Q2 results in focus

Zomato share price: Zomato's fundraising plans come ahead of rival Swiggy's initial public offering (IPO)

Zomato share price drops 5% on BSE on Friday; QIP, Q2 results in focus
Updated On : 18 Oct 2024 | 1:10 PM IST

Stocks To Watch: IT stocks, Axis Bank, Bharat Forge, Zomato, CEAT, Tata cos

Stock Market Today: Infosys has raised its sales forecast for FY25 to 3.75-4.5 per cent, reflecting a revival in demand, particularly in banking and financial services.

Stocks To Watch: IT stocks, Axis Bank, Bharat Forge, Zomato, CEAT, Tata cos
Updated On : 18 Oct 2024 | 7:21 AM IST

Zomato board to consider raising funds via QIP ahead of Q2 results

If approved, this will be the first fundraise by the food delivery giant since its stock market debut three years ago

Zomato board to consider raising funds via QIP ahead of Q2 results
Updated On : 17 Oct 2024 | 8:06 PM IST

Zomato vs Swiggy: Macquarie compares food delivery, quick commerce biz

Zomato, Swiggy IPO: Swiggy, Macquarie said, seems to be 4-6 quarters behind Zomato in food delivery and quick commerce

Zomato vs Swiggy: Macquarie compares food delivery, quick commerce biz
Updated On : 16 Oct 2024 | 10:50 AM IST

Delhi or Bengaluru? Another CEO gives verdict on best city for startups

Following Zomato CEO Deepinder Goyal's remark on Delhi being a better option for startups, Bombay Shaving Company CEO Shantanu Deshpande has also seconded Goyal

Delhi or Bengaluru? Another CEO gives verdict on best city for startups
Updated On : 11 Oct 2024 | 11:26 AM IST

More upside in Zomato's stock, but competition also rising in e-com sector

E-com platforms are likely to offer discounts and wider assortments during the festive season

More upside in Zomato's stock, but competition also rising in e-com sector
Updated On : 10 Oct 2024 | 12:40 AM IST

Kunal Bahl joins Shark Tank India 4 panel as Swiggy removes Deepinder Goyal

The co-founder of Snapdeal, Kunal Bahl, replaces Zomato CEO Deepinder Goyal in the fourth season of Shark Tank India. The premiere date is yet to be revealed

Kunal Bahl joins Shark Tank India 4 panel as Swiggy removes Deepinder Goyal
Updated On : 08 Oct 2024 | 5:10 PM IST

BigBasket, Urban Company lead in fair pay; most platforms fall short

Booming gig economy, dismal pay: Fairwork report reveals only two out of 11 major online platforms ensure their workers earn at least the local minimum wage after deducting work-related expenses

BigBasket, Urban Company lead in fair pay; most platforms fall short
Updated On : 08 Oct 2024 | 1:57 PM IST

$35 million to $29 billion: How Deepinder Goyal built the Zomato empire

In a recent interview, Deepinder Goyal talks about Zomato's journey, from soaring highs to challenging lows, with candid insights on surviving and thriving in the food delivery industry

$35 million to $29 billion: How Deepinder Goyal built the Zomato empire
Updated On : 07 Oct 2024 | 2:48 PM IST

Malls need to be 'more humane' towards delivery partners: Zomato CEO

Zomato CEO Deepinder Goyal on Sunday said malls need to be "more humane" towards delivery partners, sharing his first-hand experience as a delivery executive picking up orders for the food tech giant. The Zomato CEO and his wife Grecia Munoz, who changed her name to Gia Goyal on Instagram, earlier took on the role of delivery partners to deliver orders in Gurugram and get a first-hand experience of challenges faced by them. Sharing his experience in a social media post, Goyal said: "During my second order, I realised that we need to work with malls more closely to improve working conditions for all delivery partners. And malls also need to be more humane to delivery partners. What do you think?" The Zomato CEO tagged a video with the post elaborating upon the experience. "We reached Ambience Mall in Gurugram to pick up the order from Haldiram's. Was told to take the other entrance, and realised they are asking me to take the stairs. Went in again on the main entrance to make sure ..

Malls need to be 'more humane' towards delivery partners: Zomato CEO
Updated On : 06 Oct 2024 | 9:02 PM IST

Swiggy vs Zomato: Which is better investment bet? Morgan Stanley weighs in

Swiggy lags behind Zomato in some key segments, including food delivery and quick commerce, according to Morgan Stanley's analysis

Swiggy vs Zomato: Which is better investment bet? Morgan Stanley weighs in
Updated On : 03 Oct 2024 | 12:34 PM IST