The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
Global brokerage firms have slashed Zomato’s target prices, with Macquarie setting a low of ₹130. Analysts warn that rising competition in q-commerce and increased digital marketing costs ...
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
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.
Zomato’s share price plunged around 10 per cent in early trade on Tuesday after the Indian-headquartered food delivery giant reported a sharp drop in net profit. Zomato is a food delivery and ...
Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain (dark store and warehouse network) and rising competitive pressures in quick commerce. According to ...
(Image/Reuters) Zomato has invested an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (RoC). With this latest infusion ...
Additionally, Swiggy and Zomato are moving toward tier-based membership models. (Image/PTI) Food delivery giants Swiggy and Zomato are expected to moderate discounts in their core business as ...
1) Aggressive store addition: Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased spending on opening more centres to fulfil ...
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
Zomato’s e-commerce business is seeing a strong traction in smaller cities and the company is planning to open more dark stores in these cities, said the company’s management in its Q3FY25 ...
FY25 net profit fell 57 per cent YoY to Rs 59 crore due to increased costs from Blinkit’s rapid expansion. Market sentiment ...