Zomato
Food & Beverage
Quick service restaurants’ revenue, margin under severe stress; recovery seems distant: Report
PTI -
The rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery salesMumbai: With the exponential growth of food delivery apps like Zomato and Swiggy, quick service restaurant operators are finding...
E-Commerce
Zomato proposes to acquire Shiprocket, say reports
As per reports, Zomato seeks to acquire Shiprocket for $2 billion, but Shiprocket denies news, calling it “speculations”
New Delhi: Online food delivery platform Zomato has proposed to acquire Indian e-commerce startup Shiprocket, according to media reports.
Zomato has offered to...
E-Commerce
Alipay Singapore Holding exits Zomato, sells 3.44% stake worth Rs 3,337 crore
PTI -
Alipay Singapore Holding Pte sold more than 29.60 crore shares of Zomato in 31 tranches on the BSENew Delhi: Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba, on Wednesday divested its entire 3.44% stake in online food...
In Focus
Restaurants looking at ONDC to cut reliance on Swiggy/Zomato
Experts say that thousands of small to big restaurants are already selling through ONDC and the number is growing rapidlyNew Delhi: India’s restaurant industry is seeking to cut its stranglehold reliance for online orders on two food-aggregator powerhouses Swiggy...
E-Commerce
Zomato reports Rs 36 crore profit after tax in Q2
PTI -
Revenue from operations was Rs 2,848 crore in the quarter. In the year-ago period, it was Rs 1,661 croreNew Delhi: Online food delivery platform Zomato on Friday reported a consolidated profit after tax of Rs 36 crore for the...
Finance & Funding
Softbank sells 1.16% stake in Zomato for Rs 947 crore
PTI -
Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange
New Delhi: Japanese conglomerate Softbank on Wednesday divested a 1.16 per cent stake in online food ordering company Zomato for Rs 947...
E-Commerce
Pataa: Simplifying addresses, improving deliveries
From tie up with ISRO to voice directions, how Pataa is helping improve location accuracy by simplifying India’s complex addresses
New Delhi: If physical retail is about location, e-commerce is about an address. Last-mile deliveries are the most important leg...
Food & Beverage
ITC Sunfeast Baked Creations pays tribute to Chandrayaan 3 mission with a special dessert
Called Lunar Dulce de Leche Choux Bun by ITC Sunfeast Baked Creations, the dessert features a velvety white rocher glazed choux bun resembling the moon and is adorned with a chocolate replica of the Chandrayaan 3 rover
New Delhi: Paying tribute to the...
Food Service
Zomato, Battery Smart join hands to provide battery swapping access to delivery partners
PTI -
Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 citiesNew Delhi: Online food ordering and delivery platform Zomato on Monday said it has partnered with...
Spotlight
Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts
PTI -
A Zinnov and Microsoft study in March noted that gig workers will play an instrumental role in India's USD 5 trillion economy, with the current 77 lakh gig workforce set to triple to 2.3 crore by 2030, generating USD...
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Latest News
Parle, Britannia, and Amul named as top 3 most chosen in-home FMCG brands: Report
On a global scale, the five most chosen FMCG brands are Coca Cola, Colgate, Maggi, Omo and Knorr
Bengaluru: Parle Products...
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