Zomato
- Business
Zomato, Swiggy slapped with Rs 500 crore GST notice each: Report
New Delhi: Online food delivery platforms Zomato and Swiggy have received GST notices worth Rs 500 crore each on delivery charges, media reports said on Wednesday. Both online food delivery platforms charge…
- Technology
Zomato logs Rs 36 cr net profit in Q2, sales up 71% to Rs 2,848 cr
New Delhi: Online food delivery platform Zomato said on Friday that it registered Rs 36 crore as profit after tax (PAT) in the quarter ending September 30, as its revenues surged 71…
- Business
Softbank sells 1.09 pc stake in Zomato worth Rs 1,040 crore
New Delhi: Japanese conglomerate Softbank on Friday divested a 1.09 per cent stake in online food delivery platform Zomato for Rs 1,040 crore through an open market transaction. Softbank through its affiliate…
- Business
US-based Invesco raises Swiggy’s valuation to USD 7.8 billion
New Delhi: In some cheers for Swiggy that is facing tough competition from Zomato, US-based investment company Invesco has increased the food delivery platform’s valuation to about $7.85 billion, the media reported…
- India
Watch: Did Zomato hire model to drive around for marketing?
A video of a woman driving around with an empty Zomato bag has sparked speculation that the food delivery company has hired a model for marketing purposes. The speculation gained momentum after…
- Business
After Zomato, now Swiggy increases platform fee to Rs 3 for food orders
New Delhi: Online food delivery platform Swiggy has also increased the platform fee from Rs 2 to Rs 3 for food orders. A Swiggy spokesperson on Monday told IANS, that “there has…
- Business
SoftBank likely to fully exit Zomato in coming months
New Delhi: Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to fully exit the online food…
- Business
SoftBank likely sold 10 cr shares in Zomato for Rs 947 cr, stock up
New Delhi: Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of the company’s equity, changed hands on Wednesday at a total deal value of…
- Business
SoftBank may sell 1.17% stake in Zomato via block deal: Report
New Delhi: Japanese company SoftBank Vision Fund (SVF Global) is looking to sell off 1.17 per cent stake in food delivery giant Zomato, according to a media report on Tuesday. The stake…
- Business
Tiger Global exits Zomato, offloads remaining shares worth Rs 1,123 crore
New Delhi: US-based investment major Tiger Global, via its VC fund Internet Fund III Pte Ltd, has exited online food delivery platform Zomato by selling its entire shareholding for Rs 1,123.85 crore.…
- Business
Govt’s ONDC reaches 50K restaurants, takes on Zomato-Swiggy dominance
New Delhi: Giving a tough fight to Zomato-Swiggy dominance in online food delivery market, Open Network for Digital Commerce (ONDC), an initiative of the government, on Monday said that 50,000 restaurants are…
- Offbeat
Bhopal woman sends ex-boyfriend food order on COD; irks Zomato
Popular online food delivery app, Zomato asked Ankita, a customer and resident of Bhopal, Madhya Pradesh to stop sending food to her ex-boyfriend with the cash-on-delivery option. Going by the post by…
- India
Online food delivery platforms log just 7% spike in orders during IPL 2023
New Delhi: Online food delivery platforms saw a modest 7 percent spike in orders during the just-concluded Indian Premier League (IPL) season, a report showed on Friday. In comparison, the online food…