The brokerage has initiated an ‘outperform’ rating (OP) on the food delivery aggregator stock Zomato and set a target price of ₹315 per share. It expects the company to further improve profitability ...
Online food delivery platform Zomato shares plunged nearly 7% to close at Rs 227 on January 13. This marks a fall of nearly 23% in the last three weeks for the stock. Zomato shares have so far ...
Zomato's CEO Deepinder Goyal commends Blinkit's innovative 10-minute ambulance service in Gurugram. Leveraging its hyperlocal delivery network, the service provides around-the-clock medical ...
We want to create a right balance between innovation and regulation. The rules are pragmatic and could be a template for the world. These rules, along with the law, aim to encourage the innovation ...
Zomato recently raised ₹8,500 crore in funding through a qualified institutional placement (QIP) for scaling up its quick commerce business infrastructure and towards marketing. The overall surge in ...
It was in June 2022 when Zomato acquired Blinkit for USD 568 million in an all-stock deal. In the following years, Zomato continued to invest big amounts of money in Blinket for its growth. Not ...
Zomato has revealed some of its top trends from 2024. Check out which city placed the highest orders. Zomato also shared some unusual searches on the app. Placing online food orders is a trend that ...
Zepto earns much larger revenue than Swiggy Instamart and Zomato's Blinkit. Meanwhile, competition in the quick commerce space is heating up, too, with several new entrants. Bigbasket pivoted ...