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Zomato expects July net loss under $1mn as COVID-19 hits business

Zomato expects July net loss under $1mn as COVID-19 hits business

Foodtech unicorn Zomato expects its net loss in July to be under US$ 1 million even as COVID-19 has...
Zomato's food delivery CEO Mohit Gupta made co-founder

Zomato’s food delivery CEO Mohit Gupta made co-founder

Foodtech unicorn Zomato has promoted its CEO for Food Delivery, Mohit Gupta, to the position of Co-Founder. The announcement...
Amazon enters food delivery business in India as Zomato, Swiggy struggle

Amazon enters food delivery business in India as Zomato, Swiggy struggle

Sending a strong signal to Zomato and Swiggy who have been severely hit by COVID-19, e-commerce giant Amazon with...
Zomato to layoff around 13 pc employees due to COVID-19 impact

Zomato to layoff around 13 pc employees due to COVID-19 impact

Online restaurant guide and food ordering platform Zomato on Friday said it is going to layoff around 13 per...
Zomato in talks to acquire Grofers in all-stock deal to up grocery delivery game

Zomato denies Grofers acquisition talks as e-grocery enters top gear

Food delivery platform Zomato on Tuesday refuted reports that the company is in talks with Gurugram-based grocery delivery platform...
Zomato begins grocery delivery in 80 Indian cities

Zomato begins grocery delivery in 80 Indian cities

After initial hiccups, Zomato has started grocery delivery in over 80 Indian cities with supplying essentials and is set...
Zomato, Swiggy still there but no food to order

Zomato, Swiggy still there but no food to order

Ironic as it may sound but digital India saw its biggest challenge on Wednesday when smartphone-based leading food delivery...
Indian online food delivery market to hit US$ 8 billion by 2020

‘Indian online food delivery market to hit US$ 8 billion by...

Rapid digitisation and growth in both online buyer base and spending will help India's online food industry to become...
Zomato acquires UberEats India for nearly Rs 2,500 crore

Zomato acquires UberEats India for approx Rs 2,500 crore

Zomato on Tuesday announced that it has acquired Uber's Food Delivery Business in India in an all-stock deal and...
Valued at US$ 3bn, Zomato raises US$ 150 mn from Ant Financial

Valued at US$ 3bn, Zomato raises US$ 150 mn from Ant...

Valued at US$ 3 billion, leading food delivery platform Zomato on Friday announced it has secured US$ 150 million...