In the letter, a copy of which has been seen by ET, Goyal addressed issues related to reducing food delivery timelines, ...
For the food and grocery delivery giant, the number of monthly transacting customers for the October-December quarter fell to ...
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 ...
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 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.
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’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 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 ...
To maintain its lead, Blinkit has announced SKU (stock-keeping unit) expansion and is expanding into tier-II cities. (Image/Reuters) Zomato has invested an additional ₹500 crore in its quick ...
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 ...
Zomato shares were trading 9.42% lower at Rs 218.25 at 10:22 am. Shares of the food delivery giant had also declined in the previous session. Listen to Story Zomato shares tumble in early trade on ...
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