The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
In September, it acquired a 47.7% stake in Moonshine Technology, the parent company of online poker platform PokerBaazi, for ...
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We suggest you do so to figure out whether Zomato has levied a "Veg mode enablement fee" on your order. This came to light when a user pointed it out on social media and condemned the food ...
In the food delivery segment, it sees a mild downside to consensus forecast of 20 per cent 3-year GOV CAGR and 4.5-5 per cent adjusted Ebitda margin for FY26-28. Macquarie said it regards Zomato ...
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 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.’s profit dropped 57% last quarter ... missing market expectations of 2.3 billion rupees. Blinkit, its ultra-fast grocery delivery services, posted an adjusted earnings before ...
The shares of online food delivery and quick commerce major, Zomato, took a major beating in the stock market on Tuesday. The company’s shares declined close to 10 per cent in the morning market hours ...