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Zomato leads in food delivery market with 58% share, Swiggy trails behind
Zomato continues to dominate the food delivery segment with a 58% market share in the June quarter of FY2024-25, according to a report by...
Zomato expects 30% annual growth in core delivery business over next five years
Food delivery platform Zomato foresees its core delivery business to grow at an annual rate of 30% over the next five years, driven by...
Zomato introduces ‘District’ App, enabling customers to book tables, tickets, and events
Food delivery platform, Zomato has rolled out its 'District' app on iOS and Android platforms, three months after announcing its launch. The app enables...
Morgan Stanley ups Zomato’s target price to INR 355, sees 31.7% upside potential
Global brokerage firm Morgan Stanley has increased its target price for Zomato to INR 355 from INR 278, citing the company's potential to benefit...
Zomato to raise INR 8,500 Cr via QIP in December
Food delivery giant Zomato is planning to launch a INR 8,500 crore qualified institutional placement (QIP) in December 2024, depending on market conditions.Morgan Stanley...
Zomato welcomes Swiggy for stock market debut: “You and I… In this beautiful world”
Food tech major Zomato warmly welcomed Swiggy's debut on the stock market with a heartfelt social media post on Tuesday, November 13.Swiggy and zomato...
NSE collaborates with Zomato to introduce financial literacy among delivery partners
The National Stock Exchange of India (NSE) announced on Tuesday, November 12 that it has partnered with Zomato to promote financial literacy and investor...
Zomato introduces ‘Book Now, Sell Anytime’, allows users to resell event tickets
Zomato has launched a new feature called 'Book Now, Sell Anytime' on its app. This allows users to buy event tickets in advance and...
Zomato and Swiggy deny alleged competition law violations by CCI
Food tech majors Zomato and Swiggy have denied recent claims that they violated competition laws, following an investigation by the Competition Commission of India...
Zomato launches ‘Food Rescue’—buy cancelled food orders at a discount
Foodtech major Zomato has introduced 'Food Rescue', a feature that lets users buy cancelled food orders from nearby areas to help reduce food waste.Food...
Zomato CEO Deepinder Goyal addresses flirty notifications on The Kapil Sharma Show
The Great Indian Kapil Show will soon welcome two surprising guests—Zomato CEO Deepinder Goyal and his wife Grecia Munoz, along with Infosys founder Narayana...
CCI finds Swiggy, Zomato guilty of breaching competition laws
The Competition Commission of India (CCI) has reportedly found food delivery majors Swiggy and Zomato guilty of violating competition laws through their partnerships with...