New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in ... Further, this is the biggest single-day drop for Swiggy's shares since its listing last year.
“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.
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 ...
At the time of writing the story, Zomato’s stock was trading at INR 229.65 a piece on BSE. Notably, the food delivery giant’s shares have entered their seventh consecutive day of losses since ...
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.
A video of a man believed to be a delivery agent for Zomato being coaxed to remove a Santa Claus costume by right-wing activists in Indore went viral on social media on Thursday, a day after ...
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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 ...
Zomato recently released its year-end report that contains statistics regarding orders on its own platform as well as Blinkit (the quick commerce service also owned by Zomato). There are many ...
Delhi man shared a Zomato delivery executive's struggles on LinkedIn, urging Deepinder Goyal to support workers with upskilling and brighter opportunities. A heartwarming encounter between a ...
Aakash Chaudhry's new venture, Sparkl Edventure, secures a $4 million seed funding round with Zomato's Deepinder Goyal and Zerodha's Nithin Kamath participating. Sparkl offers one-on-one online ...