Page 19 - Zomato

Zomato Q1 results: Net profit up at Rs 253 crore as Blinkit serves growth

Zomato's revenue surged 74 per cent to Rs 4,206 crore in the quarter, beating analysts' estimates of Rs 3,928 crore, per LSEG data

Zomato rolls out 'Brand Packs' to reward repeat orders from restaurants

Zomato's new 'Brand Packs' feature aims to boost customer loyalty for more than 4,000 restaurants on the food delivery platform

Swiggy, Zomato may hike platform fee further to Rs 10-15, say restaurants

Many restaurants ask for high commissions charged by food delivery platforms to be slashed

Zomato mcap reaches Rs 2 trn, delivers Deepinder Goyal billionaire tag

The food aggregator's share price touched a 52-week high of Rs 232 per share during intra-day trading, surging almost 200 per cent from the low of Rs 76.50 per share in July last year

Zomato raises platform fee, Kedarnath temple in New Delhi

Zomato founder Deepinder Goyal entered the billionaire club after his company’s market cap crossed the Rs 2 trillion mark. Goyal holds 4.19% shares in Zomato now worth over Rs 8,000 crore.

Zomato increases platform fee to Rs 6 in Delhi, Mumbai, Bengaluru

Food-delivery firm Zomato has hiked the platform fee to Rs 6 from Rs 5 per order in Delhi, Mumbai and Bengaluru. Its rival Swiggy, which had also increased the platform fee in select cities on Sunday, reverted to charging Rs 5 per order on Monday in Delhi, Mumbai and Bengaluru, as shown on its app. When contacted to ascertain the reasons for the hike, both Zomato and Swiggy declined to comment. The two companies had introduced platform fees last year, initially at Rs 2 per order, which has been increased gradually. Platform fee is treated as one of the ways in which food-delivery platforms are trying to increase their profitability, with a duopoly in place as Zomato and Swiggy are the key players in the segment.

Zomato's Deepinder Goyal enters elite billionaire club amid stock surge

Zomato's stock hit a new high on Monday, pushing its market cap over Rs 1.8 trillion, making Deepinder Goyal India's richest professional manager with Rs 8,300 crore net worth

Zomato market-cap touches Rs 2 trillion; stock zooms 88% thus far in 2024

Zomato stock outlook: In the past one week, Zomato stock price has outperformed the market by surging 12 per cent as against 1 per cent rise in the benchmark index

Swiggy, Zomato increase platform fee to Rs 6 per order for revenue boost

Initially introduced in Bengaluru and Delhi, the fee implemented by Swiggy and Zomato is distinct from delivery charges, GST, restaurant fees, and other expenses associated with orders

Stocks to watch, July 15: HCLTech, DMart, RVNL, IREDA, Zomato, Lupin

At 6:47 AM, GIFT Nifty futures indicated a major uptick of 91 points at 24,613, suggesting a gap-up start for the bourses

Zepto elevates loyalty programme head Meel as chief business officer

A former IIM-Bangalore graduate, Meel has previously led special initiatives at Zomato and Jio as well

One plate of momos cost Zomato Rs 60,000 in Karnataka: Here's why

On August 31, 2023, Sheethal had placed an order for momos via Zomato, paying Rs 133.25 but she alleged that she never received the momos nor did a delivery agent visit her home

Zomato celebrates '16th janamdin' with unique ad, Paytm CEO joins the party

Zomato recently turned 16 and marked the occasion with a witty and creative advertisement that has everyone talking

Paytm stock up 15% in two days on BSE amid heavy volume; what's happening?

In the past one month, Paytm stock has outperformed the market by zooming 25 per cent, as compared to 4.5 per cent rise in the BSE Sensex, data shows

Analysts positive on new age cos ahead of Q1 FY25 results; Zomato top bet

Analysts at Nuvama Institutional Equities are optimistic about the revenue prospects of these "new age" internet companies

Buzzing stocks, July 5: PNB, Zomato, Ircon, Ujjivan SFB, Delhivery, UCO Bk

Stocks to Watch today, Friday, July 5, 2024: PNB's global loan book surged 12.7 per cent year-on-year (Y-o-Y) to Rs 10.3 trillion in the April-June quarter of FY25 (Q1FY25)

Zomato shuts down hyperlocal delivery platform 'Xtreme' amid poor demand

Despite its strategic launch, 'Xtreme' failed to gain traction, leading Zomato to remove it from the Google Play Store

Zomato's share price gains as subsidiary withdraws NBFC licence from RBI

Zomato, India's leading food and grocery delivery company's shares zoomed up to 2.27 per cent at Rs 213.80 per share on the BSE in Wednesday's early morning trade

Stocks to Watch, July 3:HDFC Bank, Zomato, Concor, RVNL, M&M Fin, Britannia

Stocks to Watch today, July 3, 2024: he latest foreign ownership data, released on Tuesday, July 2, showed FII holding in the private bank falling to 54.83 per cent

Zomato withdraws NBFC application, says no plans to pursue lending

It comes at a time when the company was reportedly in talks with multiple NBFCs to offer working capital loans to its partner restaurants