Zomato's shares have plummeted over 30% from their peak, following a disappointing quarterly report. Analysts offer mixed views on the future, with some seeing a buying opportunity...
Zomato's shares fell sharply by 12% following a 57.2% drop in net profit for the December quarter. The decline affected the broader market and competitor Swiggy, with both experien...
Zomato reports a 57% drop in Q3 profit due to aggressive Blinkit expansion, despite a 64% surge in operational revenue. The company faces intense competition in the quick commerce ...
Zomato invests Rs 500 crore in Blinkit, totaling Rs 2,800 crore since 2022, to strengthen its quick commerce business amidst growing competition in India's fast-evolving market.
Zomato CEO Deepinder Goyal apologizes for the Rs 2 fee on veg-mode enablement, following public criticism. The fee was quickly removed, highlighting the importance of customer feed...
Restaurant owners in India are up in arms against Swiggy and Zomato's new quick food delivery services, accusing them of using customer data to compete directly with traditional re...
Deepinder Goyal, CEO of Zomato, ranks as India's second-highest valued self-made entrepreneur. Zomato's valuation surged 190% to Rs 2,51,900 crore, reflecting significant market gr...
Zomato faces a Rs 803 crore GST demand, sparking a legal battle over the taxation of delivery fees. The outcome could set a precedent for gig-economy platforms.
Zomato has received a tax demand of Rs 803.4 crore from the GST department, related to non-payment of GST on delivery charges. The company plans to appeal the decision, asserting a...
