The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...

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 ...

While Zomato has been on an expansion spree since last year, the foodtech major has seen several ups and downs during this time ... ban on the entry of Zomato delivery partners who are not ...

Moreover, according to experts at JM Financials, Zomato is the only major hyperlocal delivery company in the ... is trading 21 per cent below its all-time high mark amid weak market sentiment ...

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 ...

“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 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 sees Blinkit as a core growth driver and potentially a larger business than its core food delivery operations. In April 2023, Blinkit’s implied valuation even surpassed Zomato’s.

"For example, when we started managing last-mile delivery for restaurants (compared to restaurants delivering orders themselves earlier), we were able to bring down delivery time from 45+ mins to ~30 ...

Food aggregator major Zomato has stated that its delivery partners earned an average of ₹28,000 a month in 2024, a modest 2.3% increase from the average monthly earnings of ₹27,109 in 2023. This is ...

Zomato expects to operate at a loss over the next year due to a slowdown in food delivery demand and accelerated investments in its quick commerce store network. Despite this, the company remains ...