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4 mins read
With Zomato rallying over 25% in the past month, street looks at the road ahead
Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…
2 mins read
Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%
Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…
2 mins read
Zomato hikes platform fee to ₹4 across key cities after bumper NY Eve
Buoyed by record food orders on New Year's Eve, food delivery platform Zomato increased its mandato…
4 mins read
The street is not 'Blinking' on Zomato anymore
Zomato has delivered more than profits to the table in the first quarter. It’s a rare new-age compa…
3 mins read
Zomato’s path to profitability in the next three years requires two things, say analysts
$ZOMATO.NSE Zomato delivers the food on time, But no good returns to its holders, structure at mo…
3 mins read
Zomato net loss narrows to ₹188 crore in Q4, revenue rises 70% YoY
Online food delivery platform Zomato on Friday said that its consolidated net loss narrowed to abou…
4 mins read
Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%
Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …
4 mins read
Analysts upbeat on Zomato’s profitability after company beats Q4 estimates
$ZOMATO.NSE Looks Bullish on Chart Cup & Handle Pattern in formation Potential 16 Pts Deep Cup…
5 mins read
No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance
Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …
1 min read
Zomato goes desi, now available in Hindi and 8 other regional languages
Online food delivery platform Zomato on Friday announced it is now available in Hindi and other wid…
6 mins read
New age technology companies back in the spotlight after Q3 performance
There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…
1 min read
Chinese multinational Alibaba exits India, sells its entire stake in Paytm
With this sale, Alibaba is no longer a stakeholder in Paytm. The company had sold around 3.1 per ce…
ANI
1 min read
Zomato halves its Q1 losses: revenues surge 67%
Online food delivery platform Zomato on Monday reported Rs 185.7 crore in consolidated loss for the…
7 mins read
New-age tech companies rake in business but are still making losses
Four New-Age Tech Stocks Wipe Off 60% Of Investor Wealth In 2022✅ 🔽🔽 1.The global economic slowdo…
5 mins read
There are a few reasons why Zomato wants $8 billion valuation from its IPO — here's a look at if it makes sense
Food delivery platform Zomato, which started as an online restaurant finder, is all set to raise $1…
5 mins read
Zomato and Swiggy have never been this close to making profit, say Goldman Sachs analysts
India’s food delivery market is dominated by two players – Zomato and Swiggy. The two foodtech unic…
3 mins read
Zomato turns 12 – from a weekend project to a $3 billion company, here’s the startup’s journey over the years
Indian foodtech unicorn Zomato just celebrated its 12th birthday July10). The startup has come a lo…
2 mins read
Zomato has doubled its revenue and founder Deepinder Goyal says COVID-19 has made the company lean and mean
Indian foodtech unicorn Zomato has doubled its revenue from $192 million in FY19 to $394 million in…
3 mins read
Zomato FY20 revenue jumps to Rs 2,960 cr
"COVID-19 has positively impacted the health of our business – we seem to have gained 2-3 years alo…
PTI
4 mins read
Startups with small profit pools should think twice before launching their IPOs
There’s a new word that has entered the lexicon of startups – profitability. During the pandemic, w…