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All posts tagged "Zomato"
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1.5KNewsZomato’s Revenue grows by 105% to reach $394 Mn in FY20
Gurugram based foodtech major Zomato on Friday disclosed that its revenue earnings for the financial year ended March 2020. The Ant Financial...
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1.5KNewsZomato renames its subscription program Zomato Gold to Zomato Pro
Zomato on Tuesday renamed its exclusive membership and subscription program Zomato Gold to Zomato Pro. However, the Gurugram headquartered company claimed that...
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1.5KIndian techZomato strikes Partnership with Vodafone-Idea for BVLOS Drone Test
Online food delivery major Zomato has struck partnership with telecom service provider Vodafone-Idea to conduct trails for BVLOS drones. Online news portal...
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1.7KNewsZomato Restores focus on Core Business, Scales down Grocery Vertical
On June 8, restaurants across India will be reopening after bearing the brunt of nationwide lockdown for almost two months. And this...
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1.5KNewsZomato Promotes Mohit Gupta to co-founder position
The trend of promoting a top executive to position of co-founder is a rare thing for Indian startups but Zomato has now...
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1.4KNewsTo Cope with COVID-19 Impact, Zomato to furlough 13% of its Staff
With nationwide lockdown severely impacting the restaurant business, it was but natural that the businesses of foodtech majors like Zomato and Swiggy...
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1.5KAcquisitions
After UberEats, Zomato may Acquire Grofers
India’s consumer internet space may be heading for a big consolidation, with sources claiming that Zomato may acquire online grocery platform Grofers...
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1.4KAcquisitions$206 Mn: That’s how much Zomato paid to acquire UberEats
US based ride-hailing giant Uber sold its Indian food delivery business – UberEats – to Zomato for $206 Mn, according to company’s...
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1.1KNewsWhy UberEats Sell Off to Zomato is a smart move by Uber
This week marked an important event for ride-hailing giant Uber, after the San Francisco headquartered company finally managed to sell off its...
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931AcquisitionsIt’s official: Zomato Finally Acquires UberEats in All Stock Deal
After months of intense speculations, food delivery major Zomato has finally announced the acquisition of UberEats’ Indian business. The all-stock deal will...
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876Funding News
UberEats May Infuse $100-200 Mn in Zomato in a Merger Deal: Report
It is no secret that UberEats India, owned by the US based ride hailing giant, is desperately on a lookout to search...
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1.8KNewsFoodtech Major Zomato trims Cash Burn Rate by more than 50%
It is no secret that foodtech sector’s overreliance on the strategy of deep discounting has resulted in higher cash burn rate, eventually...
