India's Zomato misses Q3 profit estimate as store ramp-ups bite
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
Zomato Injects INR 500 Cr Into Blinkit for Strategic Growth
The infusion follows Zomato's INR 8,500 crore fundraising through a Qualified Institutions Placement (QIP) in November 2024, ...
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
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Swiss-based UBS Group Acquires $234 Mn worth of Shares in 29 Cos. Including One97, TCS and Zomato Among Others
Meanwhile, UBS Group's affiliate UBS Principal Capital Asia Ltd offloaded the same number of shares of 29 companies at the ...
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Inside The NRAI’s Battle Against Zomato, Swiggy’s 10-Minute Food Delivery
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
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What Deepinder Goyal’s Letter Tells Us About Zomato’s Plans With Its 10-Minute Food Delivery App Bistro
Zomato CEO assures restaurant partners fair practices defending its 10-minute food delivery push via Bistro as NRAI considers ...
Rs 44,600 crore loss! Zomato shares crash 18% in 3 days. Is the worst behind?
Zomato shares fell 5.1% after disappointing Q3 FY25 results, with a 57% YoY drop in net profit. The quick-commerce unit, ...
Restaurants to tap ONDC to take on Zomato, Swiggy
Restaurants are planning to challenge food delivery giants Zomato and Swiggy by partnering with the government-backed ONDC to ...
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Could Zomato share price fall 44%? Macquarie say Yes. Here’s Why…
Zomato’s share price has fallen more than 17% in the past five trading sessions. It has fallen almost 24% in the last one ...
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Restaurant industry flags Zomato, Swiggy’s private labels as unfair competition
NRAI filed a petition with the Competition Commission of India (CCI), alleging that Zomato and Swiggy were abusing their ...
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Zomato Will Never Compete With Restaurants: Deepinder Goyal
In a letter, Goyal said that Zomato will never compete with its own restaurant partners, adding that Bistro is not a "private ...
India’s restaurants versus Swiggy and Zomato
In today’s newsletter, we look at Hindustan Unilever’s acquisition of homegrown skincare brand Minimalist, a mouthwatering prospect for other direct-to-customer brands. But first, the big fight. It’s ...