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Tag: zomato
Hyperpure’s auditor, a subsidiary of Zomato, resigns, right after increased competition-thumnail

Hyperpure’s auditor, a subsidiary of Zomato, resigns, right after increased competition

Following a shareholder decision on July 14, 2021, BB & Associates was re-appointed as Zomato Hyperpure Pvt Ltd’s statutory auditors for a term of five years. In a letter to

E-Commerce

May 13, 2023

Zomato confirms the closure of certain Blinkit locations, and the stock rises 5%-thumnail

Zomato confirms the closure of certain Blinkit locations, and the stock rises 5%

Zomato, the online food delivery behemoth, addressed the closure of many Blinkit locations on Wednesday.  The unavailability of the fast food app is due to changes in delivery partner compensation

Business

Apr 19, 2023

Top 15 Most Promising Startups in India for 2023-thumnail

Top 15 Most Promising Startups in India for 2023

India will be the leader in innovation in the coming future. With the development in the economy and advancement of technology and coming up with new ideas, entrepreneurs and growing

News

Apr 15, 2023

<strong>Swiggy and Zomato are among the top 10 international online food delivery companies mentioned in the report</strong>-thumnail

Swiggy and Zomato are among the top 10 international online food delivery companies mentioned in the report

Swiggy and Zomato were ranked ninth and tenth, respectively, by the international research company ETC Group, which has its headquarters in Canada. According to recent research, domestic online meal delivery

Industry

Sep 23, 2022

Zomato is Focusing on Hyperpure for potential Areas-thumnail

Zomato is Focusing on Hyperpure for potential Areas

Description: In the increasing competition in delivery models, Zomato is strictly focusing its Hyperpure on selected delivery areas that have a gradual growth over the next ten years.  What is the

News

Aug 31, 2022

New York based hedge fund Tiger Global have a stake in Zomato-thumnail

New York based hedge fund Tiger Global have a stake in Zomato

The New York-based hedge fund sold more than 184 million shares, or 2.34%, of Zomato, between 25 July and 2 August in the open market, it said in a stock

Finance

Aug 5, 2022

To compete with Swiggy and Zomato, large restaurants increase their discounts-thumnail

To compete with Swiggy and Zomato, large restaurants increase their discounts

Domino’s Pizza, India’s largest quick service restaurant chain with 1,625 locations, launched multiple “free rewards offers” on its own app last weekend, including delivery, takeaway, and dine-ins. Large restaurants have

Industry

Aug 2, 2022

Zomato shares rose today after falling for the previous two sessions-thumnail

Zomato shares rose today after falling for the previous two sessions

Zomato shares have set new lows for the second time in a row following the end of the mandatory pre-IPO shareholder’s lock-in period. Zomato shares recovered from a two-day losing

Investment & Funding

Jul 27, 2022

<strong>Why did Zomato’s stock plummet to an all-time low today?</strong>-thumnail

Why did Zomato’s stock plummet to an all-time low today?

Zomato’s share price is under heavy selling pressure as the one-year lock-in period for nearly 78% of the food chain platform’s paid-up capital expires today. Zomato’s share price fell by

Finance

Jul 25, 2022

Rishi Arora has been promoted to co-founder of Blinkit-thumnail

Rishi Arora has been promoted to co-founder of Blinkit

According to a person familiar with the situation, quick commerce startup Blinkit, which is being acquired by food delivery company Zomato, promoted long-time executive Rishi Arora to cofounder level two

Industry

Jul 11, 2022

<strong>Customer shocks netizens by comparing Zomato food bills to an offline orde</strong>r-thumnail

Customer shocks netizens by comparing Zomato food bills to an offline order

A LinkedIn user compared the prices of online and offline food orders and found a startling disparity between the two. The same food order is shown in two photos, but

Industry

Jul 4, 2022

Zomato share tanks 14% post Blinkit acquisition over cash burn issues-thumnail

Zomato share tanks 14% post Blinkit acquisition over cash burn issues

Over the weekend, the company announced acquisition of loss-incurring firm Blinkit for Rs 4,447 crore. The payment will be settled through issue of around 629 million Zomato shares (around 6.88

News

Jun 28, 2022


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