Intercity Legends: Zomato launches new service to order food from other cities; Here’s how it will work To begin with, the company has launched this service for select customers in Gurgaon and South Delhi. 3 years agoAugust 31, 2022
Excluding Blinkit-related costs, Zomato may break even in 6-12 months: CFO Having a quick-commerce company under its fold will also help increase Zomato’s total addressable market “manifold”, the firm’s director, Kaushik… 3 years agoAugust 30, 2022
Sequoia sells part of pre-IPO Zomato holding With the fresh sale, Sequoia Capital India has sold 172 million shares of Zomato in the open market so far,… 3 years agoAugust 26, 2022
Zomato share price up 30% in one month, may rally much more; check target price, rating – buy, sell, hold? Zomato share price fell more than half a per cent down to Rs 61.90 apiece on BSE on Thursday 3 years agoAugust 25, 2022
Row over Zomato’s ‘Mahakal temple’ ad featuring Hrithik Roshan, ‘boycott Zomato’ trends This ad apparently did not go down well with several Twitter users who started calling for ‘Boycott Zomato’, saying the advertisement… 3 years agoAugust 21, 2022
Zomato-backed Shiprocket becomes a unicorn post Rs 259 cr infusion The company also had over 30 warehouses as of July and plans to more than double that to 70 by… 3 years agoAugust 17, 2022
Maruti Suzuki, Zomato among most bought stocks by fund managers in July, HDFC, ITC most sold Auto major Maruti Suzuki India and food-delivery giant Zomato were among the most purchased stocks by mutual fund managers in… 3 years agoAugust 16, 2022
Zomato rejects EY’s new valuation that lowers its share price for Blinkit deal The company did not disclose the share price suggested by EY in the new report. 3 years agoAugust 5, 2022
After Uber & Moore, hedge fund Tiger Global offloads 2.34% stake in Zomato Tiger Global held a 5.11% shareholding in Zomato, which is now reduced to around 2.77%, according to a notification by… 3 years agoAugust 4, 2022
Food on the cloud! How technology is shaping the future of food delivery By the time the pandemic struck in 2020, food delivery apps had already begun to hit their stride. 3 years agoAugust 4, 2022
Zomato share price up 4% after Uber sells, institutional investors buy stake in bulk deals; still down 60% YTD Zomato share price settled 4.24 per cent up at Rs 57.75 apiece on BSE on Thursday 3 years agoAugust 4, 2022
Analyst Corner: Zomato expects to turn Blinkit adjusted-EBITDA positive in two years Management is targeting Ebitda break-even (ex-Blinkit) by March 2023 or the latest by September 2023, this would be led by… 3 years agoAugust 4, 2022
Zomato, Bharti Airtel, LIC, Reliance, Vodafone Idea, IndiGo, Adani Wilmar stocks in focus on weekly F&O expiry Indian share market is likely to open higher on Thursday, weekly F&O expiry. Ahead of the session, SGX Nifty was… 3 years agoAugust 4, 2022
Uber exits Zomato via Rs 3,087-crore block deal While the name of the seller wasn’t disclosed in the term sheet, sources had said Uber would be offloading its… 3 years agoAugust 4, 2022
New investors to enter share market if Nifty tops 18000; FYERS CEO sees no threat from traditional brokerages New-age discount brokerage firms are not likely to face any disruption even as traditional firms adapt their business model and… 3 years agoAugust 3, 2022
Uber may exit Zomato in Rs 3,300-crore block deal The food-tech startup platform, now a unicorn, is also reorganising its management to move to a multiple CEO structure and… 3 years agoAugust 3, 2022
Zomato targets Ebitda break-even by 2023 Zomato’s share price reacted positively to the good set of numbers and loss reduction projections. 3 years agoAugust 2, 2022
Uber likely to sell 7.8 per cent stake in Zomato for $373 million The development comes on a day when the Zomato scrip witnessed a nearly 20 per cent surge to close at… 3 years agoAugust 2, 2022
