Food Delivery
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Grab Holdings achieves first-ever adjusted profit amid intense market rivalry
Grab Holdings Ltd posted its first-ever adjusted profit, a milestone for the decade-old Southeast Asian ride-hailing and food delivery company working to convince investors...
Bolt Food announces closure of operations in Nigeria to streamline company efficiency
Bolt Food, an online platform for ordering and delivering food, has reportedly chosen to discontinue its operations in the Nigerian market.Having initiated operations in...
Hong Kong restaurants turn to takeaways for revenue boost amid lingering economic challenges
According to Deliveroo's Q3 2023 Restaurant Confidence Index, Hong Kong restaurants are increasingly depending on food delivery platforms to adapt to tough economic conditions.The...
Zomato Gold Loyalty program sees remarkable success with 38 Lakh members in just three quarters
Zomato, the foodtech giant, reported that its customer loyalty program, Zomato Gold, has attracted 3.8 million members in just three quarters since its launch...
Zomato reports remarkable surge in profit, achieving second consecutive profitable quarter in FY24
Foodtech giant Zomato has unveiled its second consecutive profitable quarter today, experiencing a remarkable surge in profit after tax, reaching INR 36 Crore during...
Zomato’s Per-Share Fair Value at INR 125: Kotak Institutional Equities!
Kotak Institutional Equities has increased the per-share fair value of Zomato, the food and grocery delivery platform, to INR 125, up from its previous...
Cricket fever fuels biryani frenzy as Swiggy reports a major surge in orders
On Saturday, the online food delivery platform Swiggy reported a surge in orders, with more than 250 biryanis being requested every minute. This culinary...
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...
Swiggy competes with Zomato Gold with its new affordable Swiggy One Lite subscription plan
Food delivery giant Swiggy has rolled out Swiggy One Lite, a budget-friendly variant of its subscription service, Swiggy One. This new offering provides users...
Swiggy’s financing program disburses INR 450 crore to 8,000 restaurants across India
Swiggy, the online food delivery platform, announced on Tuesday that it has facilitated the distribution of over INR 450 crore to over 8,000 restaurants...
Foodpanda strives for agility with new layoffs amidst possible sale to rival Grab
On Friday, Foodpanda, a food delivery service headquartered in Singapore, officially announced its ongoing round of layoffs, emphasizing the continued importance of becoming "more...
Zomato introduces new feature allowing customers to tip kitchen staff
Zomato, the food ordering and delivery platform, has introduced a feature on its platform, 'Tips for the Kitchen Staff,' enabling customers to express their...