Zomato’s stock has slumped over 15% this week. Zomato reported a 57% decline in its consolidated net profit for the December quarter, posting ₹59 crore compared to ₹138 crore in the same period last ...
“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 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 Zomato delivery agent was pressured by right-wing activists to remove his Santa Claus costume in Indore, citing it goes against their culture. The agent stated he wore it as part of Zomato's ...
A Delhi man was "deeply shaken" after listening to a young Zomato delivery executive who delivered food to his doorstep late one night. Himanshu Bohra shared the story of Shiva Sarkar, a delivery ...
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 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 ...
A latest inequality report revealed a major prediction that within the coming decade approximately five renowned ...
As 2024 comes to an end, many individuals and companies are looking back and learning from the past year. Many organisations and brands are mapping the trends that have defined 2024 and that ...
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 ...