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Wednesday, October 23, 2024

zomato

Zomato unveils new feature to schedule food orders up to 2 days ahead

News
Continuing its streak of innovations, foodtech giant Zomato has rolled out a new feature enabling users to schedule food orders up to two days...

Swiggy targets $15 Bn valuation for its $1.2 Bn IPO

News
Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...

Zomato stock jumps over 4%, touches intraday high of INR 269.75

News
Foodtech giant Zomato's shares surged 4.7% to reach an intraday peak of INR 269.75 on the BSE today, following the company's decision to close...

Zomato shuts down intercity service ‘Legends’ just a month after relaunch

News
Just a month after reviving its intercity food delivery service, ‘Zomato Legends,’ Zomato founder and CEO Deepinder Goyal announced its discontinuation. ͏In a post on...

Zomato shares surge 2.7% after announcing acquisition of Paytm’s ticketing business

News
Shares of foodtech giant Zomato rose by 2.7% to reach INR 267 on the BSE in early trading today, up from the previous close...

Paytm to sell entertainment ticketing business to Zomato for INR 2,048 Cr in all-cash deal

News
Fintech giant Paytm has signed a definitive agreement to sell its entertainment ticketing business to foodtech major Zomato for INR 2,048 crore in an...

Quick commerce platforms raise delivery weight limits to 35 kg as bulk monthly purchases surge

News
Quick commerce companies are raising delivery weight limits per order as consumers shift to bulk monthly shopping from the 1st to the 10th of...

Antfin Singapore Holding divests 2.1% stake in Zomato for INR 4,771 Cr

News
Antfin Singapore Holding divested over 2% of its stake in Zomato on Tuesday, raising INR 4,771 crore through open market transactions. Antfin Singapore Holding Pte...

Global QSRs struggle with footfall drops in India as local brands and delivery apps gain traction

News
Indians seem to be losing interest in international QSR chains like McDonald’s, Burger King, and Pizza Hut, leading these companies to aggressively enhance their...

Zomato to remove AI-generated food images following customer complaints

News
After numerous complaints from customers about AI-generated food and dish images on Zomato, CEO Deepinder Goyal a͏nnou͏nced ͏o͏n Sund͏ay t͏hat the ͏plat͏form will͏ r͏e͏m͏o͏ve...

Antfin Singapore to offload $408 Mn worth of Zomato shares through block deal

News
Amid Zomato's strong performance on the stock market, Antfin Singapore, a subsidiary of Ant Group,͏ is͏ r͏ep͏o͏rtedl͏y plann͏i͏ng͏ to͏ ͏͏se͏ll͏͏ s͏ha͏res ͏of the͏ f͏oodt͏e͏ch...

Zomato hits 52-week high as shares jump 6% intraday

News
Foodtech giant͏ Zomato's s͏har͏e͏s surged nearly ͏6%, reaching a͏n intraday ͏hig͏h͏ of͏ INR 28͏0 on͏ the BSE ͏today, markin͏g a new 52-week͏ ͏hi͏gh. How͏e͏ver, the...
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