Akshant Goyal
Zomato, a leading player in the foodtech sector, has sought approval from its shareholders for the formulation, adoption, and implementation of a new employee stock option plan, Zomato ESOP 2024, to grant 18.26 Cr employee stock...
Last week, Zomato highlighted that the increase in restaurant listings on its platform significantly fueled the 27% year-on-year growth in the gross order value (GOV) of its food delivery segment. This is noteworthy given the company's...
Breaking News
Zomato’s Gold loyalty program continues to drive sales, but analysts suggest adjustments for profitability
While Zomato's loyalty program Gold, which underwent a relaunch in January this year, continues to boost the company's sales, analysts and experts suggest that...
Blinkit records first positive contribution, anchoring Zomato’s quick commerce success
Blinkit, the quick commerce arm of the foodtech giant Zomato, marked a significant milestone during the quarter ending on September 30, 2023 (Q2 FY24)...
Indian food delivery market grows by 10% sequentially in Q3: UBS report
According to a report from UBS Securities, the food delivery market in India is anticipated to have recorded a 10% sequential growth in the...
Zomato’s stock surges 1.7% as investors show increasing faith in the company’s growth
Zomato's stock witnessed a 1.7 percent surge in trading activity on the NSE on September 18. This noteworthy uptick can be primarily attributed to...
Zomato follows Swiggy’s lead, tests INR 2 platform fee to enhance profitability
Zomato is currently testing a new initiative in specific markets, wherein select users will be charged a flat INR 2 platform fee on its...