Thursday, November 7, 2024

zomato

A few days after reports claimed that a food safety raid at Zomato's Hyperpure warehouse in Hyderabad found 90 packets of button mushrooms with a "future packing date," the company's co-founder and CEO, Deepinder Goyal, explained...
Zomato has introduced a new feature called 'order scheduling', enabling customers to book their deliveries a minimum of two hours to a maximum of two days in the future. Zomato introduces features in 30 cities On Friday, October...

Zomato stock gains 4.6%, ends day 2.9% higher on Q2 results

Zomato stock gains 4.6%, ends day 2.9% higher on Q2 results Zomato shares jumped 4.6% to INR 268 on the BSE on Wednesday, October 23,...

As competition heats up in quick commerce, Blinkit scraps ‘zero notice period’ policy

As competition heats up in the quick commerce sector and the fight for talent becomes increasingly fierce, Zomato-owned Blinkit has reportedly updated its employment...

Zomato set to relaunch logistics service ‘Xtreme’ with revised strategy

Months after discontinuing its logistics service 'Xtreme' due to weak demand, foodtech giant Zomato is now reportedly set to overhaul the offering and launch...

Zomato’s independent director Gunjan Soni resigns from board

Foodtech giant Zomato's independent director Gunjan Soni has stepped down from the company's board due to "increased work commitments." In͏͏ a͏͏ BSE͏͏ filing,͏͏ the͏͏ company͏͏...

Zomato-owned Blinkit to launch ‘Cafe’ for quick snack deliveries

In a bid to expand beyond the grocery segment, Zomato-owned Blinkit is set to launch a cafe feature for delivering snacks and beverages. Rapid͏͏ Deliveries͏͏...

Zomato allocates INR 330 Cr in stock options to employees through ESOPs

Foodtech giant Zomato has granted approximately 12 million stock options through its employee stock option plans (ESOPs). In͏͏ an͏͏ official͏͏ filing͏͏ dated͏͏ October͏͏ 2,͏͏...

Zomato shares surge 4% as HSBC raises PT to INR 330

Zomato shares surged over 4% in early trading today after brokerage HSBC reaffirmed its 'buy' rating, citing the company's lead over Swiggy in growth...

Reliance Retail targets quick commerce market with JioMart, taking on Blinkit and Swiggy Instamart

Reliance Retail is making moves to enter the rapidly growing quick commerce sector, intensifying competition against Zomato's Blinkit, Swiggy Instamart, and BigBasket. The͏͏ nation's͏͏...

Blinkit introduces new option for businesses to add GSTIN dring purchases

Zomato-owned Blinkit has launched a new feature enabling businesses to add their goods and services tax identification number (GSTIN) when making purchases on the...

Blinkit’s growth is not affecting kirana stores: Zomato CEO Deepinder Goyal

Deepinder Goyal, Zomato co-founder and chief executive stated that Blinkit's fast delivery doesn't threaten local kirana stores; instead, it rivals online shopping and ecommerce...

Zomato’s Deepinder Goyal excluded from Shark Tank India as rival Swiggy takes sponsorship

Deepinder Goyal, cofounder and CEO of Zomato, will not be participating in the next season of Shark Tank India, as Swiggy, a competing foodtech...

IPO-bound Swiggy receives shareholders’ approval to increase fresh issue size to INR 5,000 Cr

IPO-bound Swiggy has reportedly gained shareholder approval to increase the size of its fresh issue in its initial public offering to INR 5,000 Cr,...

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