Zomato: News
A restaurant aggregator and food delivery company, Zomato has been in the news a lot recently. Founded in 2008, this Indian start-up operates in more than 10,000 cities in 24 countries. It provides information and details about menus and user-reviews of restaurants, and also food delivery options from partner restaurants. Off late, in light of the ongoing COVID-19 outbreak, Zomato had started delivering groceries under the name of Zomato Market. And after two months, sources said that this “is not working out for them.” There has been no official verification though. Zomato also is into alcohol delivery in Jharkhand, Odisha and West Bengal, along with its competitor, Swiggy. Further, Zomato, in May, had laid-off 13% of its workforce, which was confirmed by Deepinder Goyal (Founder and CEO).
16 Mar 2024
Aston MartinZomato CEO brings home India's first-ever Aston Martin DB12
Aston Martin has delivered the first unit of DB12 in India. Launched in the country last year, it is the first of its kind to be delivered in the country.
06 Mar 2024
Stock MarketWhy Zomato shares declined today to end 5-day rally
Zomato shares took a 5% hit after a five-day surge, as 2% of the company's equity was traded in several large transactions earlier today.
08 Feb 2024
BusinessZomato's Q3 profit surges over 280% to Rs. 138cr
Zomato has reported a net profit of Rs. 138 crore for the October-December quarter, marking its third straight quarter of positive earnings.
06 Feb 2024
TataTata Neu embraces ONDC to start food ordering service
Tata Neu, the Tata Group's super app, is gearing up to join the online food ordering sector by utilizing the Open Network for Digital Commerce (ONDC).
25 Jan 2024
Reserve Bank Of India (RBI)Zomato receives RBI approval for payment aggregator license in India
The Reserve Bank of India (RBI) has given Zomato Payments Private Limited, a subsidiary of food delivery giant Zomato, the green light to operate as a payment aggregator (PA) in the country.
23 Jan 2024
Hrithik RoshanZomato-backed Cult.fit lays off 150 employees in cost-cutting drive
Cult.fit, a popular fitness company backed by Zomato, has laid off around 120-150 employees in an effort to cut costs and improve its financial standing.
23 Jan 2024
SwiggySwiggy's latest 'experiment' doubles platform fee to Rs. 10
Swiggy may double the platform fee on food orders from Rs. 5 to Rs. 10 in the coming days.
15 Jan 2024
Domino'sYou can now order Domino's Pizza using ONDC platforms
In a move aimed at reducing its dependence on food delivery platforms like Zomato and Swiggy, several outlets of Domino's pizza in Delhi-NCR have joined the Open Network for Digital Commerce (ONDC).
06 Jan 2024
BusinessZomato exits 10 international markets in less than year
Zomato has announced that it is dissolving its subsidiaries in Vietnam and Poland.
01 Jan 2024
Zomato GoldZomato raises platform fee for food delivery orders
Starting January 1, 2024, Zomato has raised its platform fee for food delivery orders from Rs. 3 to Rs. 4 per order in major markets.
01 Jan 2024
Deepinder GoyalZomato delivers record-breaking orders on New Year's Eve
Zomato rang in the New Year with a bang, experiencing an incredible surge in orders that surpassed all previous records.
25 Dec 2023
MumbaiBiryani is most-ordered dish on Zomato in 2023
Zomato has released its yearly report on ordering patterns, disclosing the top three dishes that were most frequently ordered.
21 Dec 2023
E-commerceZomato makes offer to acquire Shiprocket
Leading food delivery company Zomato has proposed a deal to acquire Indian e-commerce shipping start-up Shiprocket, according to Bloomberg.
15 Dec 2023
Stock MarketNew-age stocks make comeback in 2023: Zomato, Paytm, and more
In 2023, stocks like Paytm, Zomato, Nykaa, PB Fintech, CarTrade Tech, and Delhivery have made a strong comeback, rewarding investors after a disappointing 2022.
14 Dec 2023
BusinessZomato empowers delivery partners with CPR, first-aid skills
Zomato has launched a first-responder training program called 'Serving India' for its delivery partners.
07 Dec 2023
SoftBank GroupSoftBank may sell Zomato shares worth Rs. 1,125 crore
SoftBank plans to sell around 1.1% of its stake in the food delivery giant Zomato, amounting to approximately $135 million (Rs. 1,125 crore) through a block deal, as per Bloomberg.
22 Nov 2023
SwiggyZomato and Swiggy receive GST notices totaling Rs. 750 crore
The Directorate General of GST Intelligence (DGGI) has slapped food delivery giants Zomato and Swiggy with Goods and Services Tax (GST) demand notices, amounting to Rs. 400 crore and Rs. 350 crore, respectively.
03 Nov 2023
BusinessZomato reports Q2 profit of Rs. 36cr, revenue up 18%
Food delivery giant Zomato announced a Q2 FY24 profit of Rs. 36 crore, beating estimates.
20 Oct 2023
SoftBank GroupSoftBank likely offloads Zomato shares worth Rs. 1,040cr
On October 20, online food delivery titan Zomato saw its shares climb over 2.5%, hitting the day's high of Rs. 114.50 apiece on NSE.
16 Oct 2023
SwiggySwiggy increases platform fee on food delivery orders: Here's why
Popular food delivery service Swiggy has increased its platform fee by 50%, from Rs. 2 to Rs. 3 per order.
13 Oct 2023
IndiaZomato launches Xtreme logistics service to take on Swiggy Genie
Zomato, the popular food aggregator, has introduced a new logistics service called Xtreme.
13 Oct 2023
FoodZomato's food festival 'Zomaland' kicks off on November 4
Zomato's popular food and entertainment carnival, Zomaland, is gearing up for its fourth season, expanding to eight cities starting in November.
07 Oct 2023
Shark Tank India'Shark Tank India': Zomato, OYO founders join as new sharks
After two successful seasons, Shark Tank India will soon return for a third installment with a captivating blend of innovation and ambition.
22 Sep 2023
BlinkitBlinkit partners with Apple reseller for lightning-fast iPhone 15 deliveries
Blinkit, a subsidiary of Zomato has partnered with Apple premium reseller Unicorn, to deliver the iPhone 15 series in under 10 minutes.
12 Sep 2023
BusinessZomato to grow at 24% CAGR, says Bernstein Research
Indian food delivery giant Zomato has reached Consolidated Adjusted Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) break-even three quarters earlier than expected.
11 Sep 2023
NOTHINGNothing Phone (2)'s Glyph LEDs now show Zomato order status
The Nothing Phone (2) has received the latest Nothing OS 2.0.3 update, introducing the much-awaited feature—support for Zomato in Glyph Progress.
02 Sep 2023
Zomato GoldMeet Zomato AI, expert companion for personalized food orders
Zomato, the popular food delivery and restaurant discovery app, has launched a new AI-powered chatbot called Zomato AI.
03 Aug 2023
BlinkitAfter years of losses, Zomato posts profit for first time
Zomato, India's online food delivery giant, has achieved its first-ever quarterly profit in Q1 2023, reporting a net profit of Rs. 2 crore.
01 Aug 2023
Deepinder GoyalZomato's Deepinder Goyal loses 15kg, here's how he did it
Zomato CEO Deepinder Goyal shared his fitness journey on Instagram, revealing how he lost over 15 kg, and reduced body fat, and cholesterol levels in four years.
11 Jun 2023
BengaluruBengaluru: Zomato launches South India's first 'resting point'
Food delivery aggregator Zomato on Sunday launched a new resting point for its delivery partners at Vega City Mall in Karnataka's Bengaluru.
09 Jun 2023
Bollywood'Kachra' ad: Aditya Lakhia says Zomato's 'positive campaign' backfired
Two decades ago, Aditya Lakhia received praise for playing Kachra in Ashutosh Gowarikar's 2001 film Lagaan. He reprised the character for Zomato's controversial Kachra advertisement which was released on World Environment Day. But instead of praise, he received criticism.
08 Jun 2023
Ashutosh GowarikerFollowing immense online uproar, Zomato deletes its controversial 'Kachra' advertisement
After being relentlessly bashed online over its recent controversial Kachra advertisement, food delivery app Zomato has deleted the clip.
18 May 2023
SwiggyIn race to deliver profits, here's how Swiggy beat Zomato
Food and grocery delivery platform Swiggy has been on a profitability quest for a while. The company has finally found something to rejoice in.
16 May 2023
ICICI BankZomato launches UPI payment service for seamless in-app payments
You will now be able to complete payments from the Zomato app itself.
08 May 2023
SwiggyCan ONDC do to e-commerce what UPI did to payments
Indians are raving about a new character in the food delivery scene: ONDC. The new entrant has seemingly caught the fancy of consumers, threatening the duopoly of Swiggy and Zomato.
28 Apr 2023
SwiggyHow Swiggy will earn Rs. 30L daily with new fee
Food and grocery delivery platform Swiggy has found a way to raise additional money of around Rs. 30 lakh every day. Do you know how?
23 Jan 2023
WorkplaceZomato CEO posts 800+ vacancies: 24x7 job, no work-life balance
Zomato founder and CEO Deepinder Goyal took to LinkedIn to announce a shedload of job vacancies across five roles at the company.
03 Jan 2023
BusinessZomato co-founder Gunjan Patidar resigns; 4th co-founder to leave firm
Gunjan Patidar, co-founder and chief technology officer (CTO) of Zomato, has resigned after over ten years in the firm, the company announced.
28 Dec 2022
OlaUrban Company best for gig workers; Ola, Uber score zero
With the emergence of the digital platform economy in India, gig workers have grown in demand. However, it seems that these workers are yet to enjoy fair pay and good work conditions.
10 Dec 2022
Music ConcertPost Malone's Mumbai concert: All you need to know
American singer-rapper Post Malone arrived in Mumbai on Friday for his first-ever live concert in India.
19 Nov 2022
COVID-19Zomato to fire nearly 3% employees in performance-based layoffs
Amid the layoff season across the globe, especially in the tech world, homegrown food aggregator and delivery platform Zomato has confirmed that it will lay off around 3% of its workforce across various departments, Livemint reported.
21 Aug 2022
Hrithik RoshanHrithik Roshan, Zomato invite wrath for 'offensive' advertisement hurting Hindus
For the second time this month, actor Hrithik Roshan has found himself clasped in a controversy.
20 Aug 2022
E-commerceYou can now order printouts from Blinkit: Here's how
Blinkit, the Zomato-owned grocery delivery app, has launched a new service to make it stand out in the crowded quick commerce segment - delivery of printouts.
12 Aug 2022
XThis Swiggy delivery executive on crutches wins the internet
The life of a delivery person can be unimaginably tough.
05 Aug 2022
Uber#NewsBytesExplainer: Why are investors like Uber, Tiger Global quitting Zomato
Zomato has been going through a series of crests and troughs over the last few weeks.
01 Aug 2022
BlinkitZomato plans new parent organization 'Eternal' with multiple-CEO structure
Zomato is internally rebranding itself as "Eternal' and plans to have separate CEOs for each of its companies.
24 May 2022
BusinessZomato's loss widens to Rs. 359cr despite 75% revenue increase
Food delivery platform Zomato released a contrasting March quarter report. In Q4 of FY22, the company posted a consolidated net loss of Rs. 359.7 crore, up from Rs. 134.2 crore in Q4 of FY21.
22 Apr 2022
SustainabilityEarth Day 2022: Zomato announces 100% plastic neutral deliveries
As an Earth Day preset, food delivery platform Zomato announced 100% plastic neutral deliveries from this month onward. The company has also set a target of delivering more than 10 crore orders in sustainable packaging.
22 Mar 2022
TechnologyZomato to deliver food in just 10 minutes: Here's how
Zomato founder-CEO Deepinder Goyal on Monday announced the company will launch a 10-minute delivery service called Zomato Instant in India soon.
11 Jan 2022
Delhi PoliceSalil Tripathi death: How COVID-19 ruined this ex-restaurant manager's life
Before the COVID-19 pandemic, 36-year-old Salil Tripathi was a Delhi-based restaurant manager, earning comfortable pay to support his wife and son.
31 Dec 2021
Indian GovernmentZomato, Swiggy orders may get more expensive from next year
Food delivery services like Swiggy and Zomato will be required to collect and pay goods and service tax (GST) on behalf of all eateries on their platforms starting January 1, 2022.
17 Dec 2021
Narendra ModiGig workers threaten large protest over better pay, benefits
Gig workers in India have threatened large protests over their demands for better pay and benefits.
19 Oct 2021
Tamil NaduZomato reinstates terminated agent after Twitter storm over Hindi imposition
Food delivery platform Zomato has reinstated a customer support agent after she was terminated over a Hindi imposition row on social media.
18 Sep 2021
SwiggySwiggy, Zomato will now collect GST. Does it affect you?
Food delivery platforms like Swiggy and Zomato will collect 5% Goods and Services Tax (GST) from customers instead of the restaurants they pick up orders from, the GST Council decided in a meeting on Friday.
14 Sep 2021
Gaurav GuptaZomato co-founder Gaurav Gupta quits to start 'a new chapter'
Gaurav Gupta, the co-founder and Chief Operating Officer (COO) of homegrown food-delivery platform Zomato, has announced his decision to quit the company.