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Zomato and Swiggy increase platform fee by 20% – food deliveries to get costlier

Zomato and Swiggy have raised platform fees to ₹6 from ₹5, with tests in Delhi and Bengaluru. Despi…

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Zomato's Deepinder Goyal joins elite list of Indian billionaires

Zomato CEO Deepinder Goyal became a billionaire after a 2.22% stock surge to Rs 227.40, increasing …

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1 min read

Zomato posts Q4 consolidated net profit at ₹175 crore

Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…

PTI   


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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…

ANI   


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Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%

Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…

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4 mins read

Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%

Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …

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3 mins read

Zomato net loss narrows to ₹188 crore in Q4, revenue rises 70% YoY

Online food delivery platform Zomato on Friday said that its consolidated net loss narrowed to abou…

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5 mins read

No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance

Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …

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2 mins read

Zomato hikes platform fee to ₹4 across key cities after bumper NY Eve

Buoyed by record food orders on New Year's Eve, food delivery platform Zomato increased its mandato…

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4 mins read

The street is not 'Blinking' on Zomato anymore

Zomato has delivered more than profits to the table in the first quarter. It’s a rare new-age compa…

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1 min read

SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery

Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 cror…

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4 mins read

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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1 min read

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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4 mins read

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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4 mins read

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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1 min read

Over 100 Blinkit dark kitchens shut in Delhi-NCR due to delivery boys' strike

Zomato-owned quick commerce platform Blinkit has shut down over 100 dark kitchens in Delhi, Gurugra…

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3 mins read

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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4 mins read

Swiggy reports nearly three-fold increase in annual revenue, in neck and neck race with Zomato

Revenue of food delivery giant Swiggy has grown 2.8 times in the last one year, between June 2020 a…

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Apple removed 1,474 apps on govt takedown requests in 2022, 14 from India

Apple removed 1,474 apps from its App Store as per requests from various governments to take down s…