Zomato
Food
'Indian online food delivery market to hit US$ 8 billion by 2022'
IANS -
Rapid digitisation and growth in both online buyer base and spending will help India's online food industry to become a US$ 8 billion market by 2022 -- growing at a CAGR of 25-30 percent, a new report said on...
Food
Zomato acquires UberEats India for approx Rs 2,500 crore
IANS -
Zomato on Tuesday announced that it has acquired Uber's Food Delivery Business in India in an all-stock deal and Uber will have 9.99 percent stake in the Deepinder Goyal-led food delivery platform.
According to sources close to the deal, it...
Food
McDonald's India partners with Zomato for food delivery in Northern, Eastern region
McDonald's India on Wednesday said it has partnered with online restaurant guide, food ordering and delivery platform Zomato for further expanding the availability and accessibility of McDelivery for the Northern and Eastern region.
Customers in North and East India will...
Food
Valued at US$ 3bn, Zomato raises US$ 150 mn from Ant Financial
IANS -
Valued at US$ 3 billion, leading food delivery platform Zomato on Friday announced it has secured US$ 150 million in fresh funding from Ant Financial, a subsidiary of China-based giant Alibaba.
With this, CEO Deepinder Goyal-led company has received US$...
Food
Funding in food-tech startups in India: Trends
According to a report of World Bank in 2019, agriculture and food comprise of 10% in global GDP. In recent years, as the focus of consumers shifts towards sustainability, health and hygiene, India’s food sector is going through robust...
Food
A mixed platter for REBEL Foods
REBEL Foods - the self-proclaimed, ‘World’s Largest Internet Restaurant Company’ sees revenues double but losses widen.
Here is the good news:
REBEL Foods has seen an incredible 2X+ growth in outlet count. A little over an year ago, Jaydeep Burman, Co-founder/CEO,...
Food
Zomato headed for profitability; sees 10x growth in 5 years creating thousands of jobs: CEO
India's largest restaurant search and food delivery platform Zomato is on the verge of cracking its maiden profits on the back of rapid expansion into newer cities that has brought more business to both established outlets and 'dark kitchens',...
Retail
Retail Innovations: Taking customer experience one notch higher
Incorporating innovation that is both interactive and engaging has changed the dynamics of retail. Today, introducing innovation in day-to-day operations is not just about enhancing business functions, it is about providing an incomparable shopping experience as well.To reshape the...
Food
Zomato expands food delivery service to 500 cities in India
Zomato on Wednesday said it has expanded its food delivery services to 500 cities in India. The company now has 1.5 lakh restaurant partners and a delivery fleet of 2.3 lakh partners.Zomato had reached 200 cities milestone in April...
Food
Uber Eats eyes small towns in India to boost food orders
IANS -
As the online food delivery market in India goes hyper-competitive, Uber Eats, which is yet to create a significant mark on the Indian palette, is now eyeing young professionals in metros and joint families in smaller towns to increase...
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Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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