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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 and Zomato face disruptions in Mumbai as delivery workers strike for improved conditions and incentives
The operations of prominent food delivery platforms Swiggy and Zomato experienced disruptions in various areas of Mumbai on Monday due to a strike by...
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...
Zomato shares reach fresh 52-week high of INR 105.9 with a 4.3% intraday surge
Zomato's stock surged by as much as 4.3% during intraday trading on the BSE on Tuesday, October 3rd, reaching a fresh 52-week high of...
Rising competition and evolving consumer preferences challenge pizza’s dominance in the food industry
Although pizza has enjoyed enduring popularity among many, its dominance in the realm of food preferences has faced challenges due to the rise of...
Users claim overcharging by Swiggy, company attributes it to a tech bug
A controversy flared up on Thursday as numerous social media users leveled allegations of overpricing against Swiggy. Nevertheless, the prominent foodtech company asserted that...
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...
Zomato joins top 100 on BSE, shares reach new 52-week high amid profitable quarter
Zomato, the foodtech giant, marked a significant milestone on Monday, (September 18), as its shares on the BSE soared to a new 52-week high...
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 commences liquidation process for Slovakian subsidiary; no impact on revenue expected
Zomato, the food delivery company, has officially commenced the liquidation process for its Slovakian subsidiary, as disclosed in a stock exchange filing on September...
Bernstein bullish on Zomato, predicts 21.7% gain with new INR 120 price target
After Zomato reported its first profitable quarter in Q1 FY24, brokerage firm Bernstein has indicated that the foodtech leader is setting higher standards for...
Food delivery platforms gear up for G20 Summit: Assures seamless service amid increased demand
On Thursday, online food and grocery delivery platforms reassured the public that they are well-prepared to maintain uninterrupted services, even amidst the anticipated surge...