Page 41 - Zomato

Shankar Sharma quotes Big B's 'Deewaar' dialogue to describe Zomato stock

Zomato shares fell to their lowest levels on Monday since the IPO was launched at Rs 76 per share as the one year lock in period for investors considered insiders has ended

Zomato should have acquired Swiggy than Blinkit, says Ashneer Grover

Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should have acquired its arch rival Swiggy than 10-minute grocery platform Blinkit to avoid the mayhem

Zomato sinks 23% in two days; loses Rs 1-trillion m-cap from all-time high

With past two days decline, Zomato now trades 46 per cent below its issue price of Rs 76 per share and corrected 76 per cent from its record high level of Rs 169.10 on November 16, 2021.

Zomato slumps 11%, closes at new low of Rs 47.55 as one-yr IPO lock-in ends

Start-ups with no 'promoter' may face pressure

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.

Domino's India may shift business away from Zomato, Swiggy amid CCI probe

Jubilant is India's largest food services company, with more than 1,600 branded restaurant outlets - including 1,567 Domino's and 28 Dunkin outlets

Competition issues: Parl panel to meet Zomato, Flipkart, tech firms' reps

A key parliamentary panel will meet representatives of various tech platforms, e-commerce players and gaming entities to discuss about their market behaviour amid rising anti-competition concerns

Institutional shareholders vote against logistics firm Delhivery's ESOP

Majority say no to the plan; new-age companies have faced similar hurdles

One year of startup listings: Exuberance tapers as firms lose grip on gains

After Zomato's promising start, global tech meltdown halts listing gravy train

SoftBank to bet on smaller ticket size for the second Vision Fund

The two funds together have invested over $11-12 billion in the country. Together with Softbank's direct investment, this goes up to $14 billion

Swiggy starts ESOP liquidity programme worth $23 mn, expands offering

Swiggy employees will this year have the option to receive liquidity of up to $23 million against their ESOPs

Is the time ripe for consolidation among new-age technology companies?

A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO

Shiprocket is acquiring a majority stake in Pickrr for an estimated $200 million in cash, stock and earn-out

Ant-backed Zomato loses $1.1-billion market value in just two days

Zomato - among the first-generation of internet unicorns to tap into India's capital market - tumbled 8.4 per cent in Mumbai trading on Tuesday on top of a 6.6 per cent drop on Monday

Zomato sheds nearly $1 bn in valuation over two days after Blinkit deal

The company's shares fell as much as 14% since the announcement of the deal with the grocery delivery startup

Zomato tumbles 14% in two days post Blinkit acquisition deal

The acquisition of Blinkit by Zomato Ltd. is expected to add to its woes of high operating losses, said analysts

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

Zomato, Dish TV, Biocon: Trading strategies for buzzing stocks of the day

Shares of Zomato face stiff resistance at Rs 78, while the downside support stays at Rs 60

Zomato dips 6% as board approves acquisition of Blinkit for Rs 4,447 crore

Zomato-Blinkit deal: This transaction will be carried out through issuance and allotment of up to 628.5 million fully paid-up equity shares of Zomato at a price of Rs 70.76 per equity share

Top headlines: Zomato to acquire Blinkit, PPI ban to hit BNPL users & more

The move could also result in a systemic risk from a lending standpoint because if suddenly the products are stopped, it may not be possible for customers to repay their loans