Top restaurateurs raised concerns over the entry of food delivery aggregators like Zomato and Swiggy into private labelling and dining-in, and stressed the need for alternatives in the market. At a ...
Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net profit for the December quarter. Zomato attributed the weaker numbers to ...
Shares of quick-commerce companies Swiggy and Zomato continued to slide, dropping an additional 3% on January 22, amid growing concerns about escalating competition in the sector. These worries gained ...
Zomato share price: The food delivery giant's stock price has fallen over 14% in the previous two sessions and over 23% in the past month. Listen to Story Zomato shares down over 14% in past two ...
Zomato has recently revealed that its 1.5 million delivery partners earned an average of Rs 28,000 a month in 2024, an income that CEO Deepinder Goyal called "fairly attractive vis-à-vis ...
Zomato share price: The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken July 14 ...
According to the brokerage, Zomato overall posted decent results during the December quarter. Furthermore, as per UBS, the slowdown in the food delivery was surprising, but margin expansion was ...
“Zomato's loss of 15% in value in less than a day has a lot to do with profit margins getting hit in high-growth q-commerce,” wrote Aviral Bhatnagar, Founder and Managing Partner of AJVC ...
New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated ...
Zomato share price today, January 21: The stock of Zomato has fallen over 9% in the last five trading sessions. (Image: Reuters) Zomato’s share price fell as much as 8.7%, to Rs 218.95, intra ...
Zomato Ltd shares might have fallen 17 per cent in 2025 so far, they stare at 44 per cent further downside if Macquarie's fresh target price on the stock post Q3 results are taken into consideration.
Shares of Zomato cracked 13 per cent to hit an intraday low of ₹207.80 on the NSE after the food delivery aggregator reported a 57.2 per cent decline in consolidated net profit for the December ...