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Zomato’s Blinkit set to ramp up e-commerce deliveries with diverse product range
Zomato may soon encounter competition from ecommerce giants such as Amazon and Flipkart as it delves into expanding its 10-minute delivery service, Blinkit, to...
Zomato hits new 52-week high with over 4% surge in shares
Continuing its upward momentum following the strong Q3 FY24 earnings, shares of the foodtech giant Zomato surged by as much as 4.59% during Thursday's...
Blinkit introduces ‘Single Mode’ feature for solo shoppers ahead of Valentine’s Day, reports surge in orders and advertising revenue
With Valentine's Day approaching, Blinkit, the online retailer under Zomato's umbrella, has unveiled a fresh feature known as 'Single Mode,' aimed at solo shoppers....
Zomato shares surge 6.2% after robust Q3 earnings; touches fresh 52-week high
Following robust Q3 FY24 earnings, shares of foodtech major Zomato surged as much as 6.2% during intraday trading on Monday (February 12), touching a...
Delhi court summons Zomato over alleged fraudulent practices in food delivery operations
According to reports, a court in Delhi has summoned Zomato in a civil suit seeking a restraining order against the foodtech giant for continuing...
Zomato ramps up restaurant listings amidst sluggish spending trends
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...
Blue Tokai Coffee Roasters joins forces with Royal Enfield to debut exclusive ‘Cruise Blend’
Setting off on a motorcycle road trip isn't just about the excitement of the journey; it's a unique experience that transcends the mundane, encouraging...
Zomato’s strong Q3 performance spurs brokerage firms to boost price targets; Blinkit expansion drives optimism
Brokerage firms such as Jefferies, Nuvama, and Kotak have increased their price targets (PT) for Zomato stock following the foodtech giant's announcement of a...
Zomato bolsters operations with its largest warehouse yet in India, secures prime space in Bengaluru’s Sumadhura Logistics Park
Zomato, the online food delivery company, has secured its largest warehouse in India to date at the Sumadhura Logistics Park in Bengaluru's Hoskote area....
Zomato’s B2B vertical Hyperpure sees exponential growth in Q3 FY24, revenue inches closer to INR 1,000 Cr
For years, Zomato has relied heavily on food delivery, with a recent foray into quick commerce. However, alongside these ventures, the company has quietly...
Zomato continues streamlining operations: Completes liquidation of subsidiaries in Vietnam and Czech Republic
Zomato, a leading player in the foodtech sector, has completed the liquidation of its subsidiaries in Vietnam and the Czech Republic.In an exchange filing...
Blinkit continues growth trajectory with second consecutive quarter of positive contribution
Zomato's quick commerce arm, Blinkit, continued its growth trajectory, maintaining contribution positivity for the second consecutive quarter in the three-month period that ended December...
