Page 33 - Zomato

Blinkit Strikes: What are riders' demand from Zomato and govt

Scores of Blinkit's delivery workers have been on a strike across parts of Delhi-NCR since the second week of April. Watch the video to understand why they are out on the streets >

Zomato says most Blinkit stores have reopened after wage protests

The disruptions have no material impact on the operations and financial performance of the company, Zomato said

Orders of Blinkit rivals surge as workers strike in Delhi-NCR continues

The delivery executives are seeking a reversal of the pay-out structure, which they claim is causing a reduction in their earnings

Blinkit shuts some Gurugram dark stores for good as delivery workers strike

Some 2,500 Blinkit executives have been on strike in Gurugram since April 12 after the company slashed fixed pay-outs per delivery

Zomato set to turn profitable in FY25 at 29% revenue CAGR: Motilal Oswal

Brokerage expects Zomato to gain from the nascent stage of the food delivery ecosystem in India, sees its food delivery GOV surging to Rs 38,400 cr in FY25 from Rs 21,300 cr in FY22

Wage protests halt high-speed grocery deliveries at Zomato's Blinkit

Zomato in an email said it had introduced a new structure for riders that compensates them based on their effort and was engaging with them to reopen the shut stores

Yulu ties up with Zomato to provide e-scooter for food deliveries

Electric bike-sharing startup Yulu has joined hands with food delivery platform Zomato for providing 25,000-35,000 units of its purpose-built e-scooter DeX to the latter's delivery partners for last-mile delivery on custom-made rental plans, a statement said on Monday. Once deployed, these e-scooters have the potential of serving three-lakh green deliveries every day by 2026, Yulu said in a statement. According to the company, rising fuel prices and financial challenges are significant barriers for youth who want to onboard themselves as delivery partners. Yulu said it provides flexible rental packs and allows delivery partners to earn higher earnings compared to ICE-powered vehicles. With Yulu's deep understanding of the delivery ecosystem, purpose-built product DeX, robust operations and a wide network of battery swapping stations, our solutions can improve earnings of delivery partners by up to 40 per cent, said Pradeep Puranam, head of revenue and operations at Yulu. Yulu said

"I am still in the game", Rishabh Pant says in new Zomato ad promoting ZPL

Pant has been sidelined from the upcoming season of IPL due following his car accident in December 2022 in which he sustained several injuries

SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs

Electric vehicles energy infrastructure and services provider SUN Mobility on Monday said it has entered into a partnership with online food delivery platform Zomato to power 50,000 electric two-wheelers of the latter's fleet over the next two years. Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial fleet deployment to start in the National Capital. Through this association, the last-mile delivery partners onboarded on Zomato's platform will benefit from convenient and cost-effective battery swapping solutions for their e-2Ws (electric two-wheelers), the company said in a statement. The association with Zomato is a significant step towards achieving SUN Mobility's goal to build a sustainable and environmentally friendly ecosystem, SUN Mobility CEO Anant Badjatya said in a statement. "By deploying 50,000 electric two-wheelers in Zomato's fleet, we are reducing our carbon footprint by 5,000 MT/month and contributing

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

Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap

Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.

Dealing with next-gen listings

Investors are starting to realise that new-age companies are a completely different animal

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

Delhi bike taxi ban puts Swiggy and Zomato delivery partners in a fix

Although the order applies to taxi services only, companies claim their delivery partners have been unfairly targeted and issued challans by the police

Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO

Food delivery apps Swiggy and Zomato have complained to the Delhi government against challans being issued to their two-wheeler riders in the name of a ban on bike taxi services in the national capital. The food delivery platforms have also sought clarification from the government on the directive while claiming that there has been misinterpretation of the notice as the ban is applicable on bike taxi service providers. Swiggy in a letter to the government has said that food delivery riders are being fined up to Rs 15,000 in the garb of the ban on bike taxi services. "The recent changes in regulations on bike taxi services in Delhi have caused confusion and disruption to food/quick commerce delivery aggregators. Our delivery executives are being wrongly issued challans despite the notification being applicable only to bike taxi service providers," a Swiggy spokesperson told PTI. He said some of the challans issued to delivery executives are in excess of Rs 15,000. "This has ...

Delivery boys being harassed in Delhi: Swiggy, Zomato raises concern

Online food delivery platform Swiggy said the recent changes in regulations on bike taxi services in Delhi have caused confusion and disruption to their services, creating panic among executives

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

BPCL, Tata Motors lead upgrades race after Q3, Zomato, ABFRL downgraded

Oberoi Realty and ACC too see substantial increase in their earnings forecasts for the ongoing financial year

Eye on profitability, quick commerce firms turn into brand magnets

Attract advertisers to their platforms while also focusing on core business and scaling up

Zomato unveils new 'Everyday' offering for affordable home-cooked meals

The new offering will provide meals starting at Rs 89 and is currently available in select areas of Gurugram only