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Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%

Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…

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Zomato continues to remain profitable in Q2; shares soar 10%

Food aggregator and delivery company Zomato continued to be profitable for the second straight quar…

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With Zomato rallying over 25% in the past month, street looks at the road ahead

Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…

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Zomato has officially pulled out of all international markets

Zomato has pulled the plug on almost all its international businesses, including the United States …

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Analysts upbeat on Zomato’s profitability after company beats Q4 estimates

$ZOMATO.NSE Looks Bullish on Chart Cup & Handle Pattern in formation Potential 16 Pts Deep Cup…

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Grofers becomes a unicorn after Zomato reportedly invests $120 million

Gurugram-based grocery delivery startup Grofers has reportedly entered the unicorn club, after rais…

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Zomato, Blinkit will cross-leverage each other's customer base soon, says Deepinder Goyal

Once the Rs 4,447 crore (about $568 million) acquisition of Blinkit is closed, Zomato will experime…

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Zomato stops new users, renewals for its loyalty dining programme Pro

Online food delivery platform Zomato has stopped signing up new users or renewing old subscriptions…

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Zomato halves its Q1 losses: revenues surge 67%

Online food delivery platform Zomato on Monday reported Rs 185.7 crore in consolidated loss for the…

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Zomato’s path to profitability in the next three years requires two things, say analysts

$ZOMATO.NSE Zomato delivers the food on time, But no good returns to its holders, structure at mo…

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Zomato posted a ₹1,222 crore loss but its stock gained 18% — reasons behind the surge

Zomato has been losing steam ever since PayTM’s listing debut took the wind off all tech startup va…

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Foreign students could be blocked from attending all but the best UK universities

Universities on Friday warned of potential job loses amid claims that foreign students could be ban…

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Swiggy denies exodus of high-end cafes, restaurants amid deep discounting concerns

A Swiggy spokesperson told IANS that Swiggy Dineout works with over 15,000 restaurant partners on t…

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Zomato stock dips nearly 3% after CCI’s probe order

The share price of Zomato dipped nearly 3% on Tuesday morning, a day after the Competition Commissi…

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Uber has Ola, Zomato has Swiggy but who’s Urban Company competing with?

Whether it’s Ola-Uber in the cab-hailing world or Zomato-Swiggy in the food delivery arena, the exi…

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Zomato, Paytm, Nykaa and others spent ₹6,000 crore on their employees last year

Zomato, Paytm, Nykaa, Delhivery and PolicyBazaar have cumulatively spent close to ₹6,000 crore on e…

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4 mins read

Info Edge has lost over $1.2 billion on its investment in Zomato, PolicyBazaar

Sanjeev Bhikchandani-led Info Edge has lost ₹9,491 crore ($1.2 billion) in its investment in tech s…

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Zomato’s Deepinder Goyal joins Urban Company's board

Deepinder Goyal — the founder and chief executive officer (CEO) of restaurant aggregator business Z…

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Swiggy is now valued more than Zomato

Swiggy was valued at $10.7 billion in this latest round, a source close to the deal told Busines…

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Zomato and Swiggy have never been this close to making profit, say Goldman Sachs analysts

India’s food delivery market is dominated by two players – Zomato and Swiggy. The two foodtech unic…