Online food delivery giant Zomato on Monday reported a 57 per cent decline in net profit (year-on-year) at Rs 59 crore in the third quarter (Q3) of FY25 -- from Rs 176 crore in the same period last fiscal.
The NRAI alleges that this represents the operation of private labels by the companies, raising issues for restaurant partners.
Zomato addressed the claims of the antitrust investigation by the Competition Commission of India (CCI) into its business practices, and called them “misleading”.
Online food aggregator Zomato on Tuesday reported over 30 per cent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25).
The transfer will also include 280 existing employees from the entertainment ticketing business at the company.
Japanese company SoftBank Vision Fund (SVF Global) is looking to sell off 1.17 per cent stake in food delivery giant…
US-based investment major Tiger Global, via its VC fund Internet Fund III Pte Ltd, has exited online food delivery platform…
As Zomato CEO Deepinder Goyal went out on Sunday delivering friendship bands and food to few delivery partners and customers, a company rider was seen eating from packages meant for customers while waiting at a traffic signal in Bengaluru.
The leading food delivery app in India, Zomato, posted profit for the first time at Rs 2 crore during the first quarter of FY24.
Deepinder Goyal, the man behind Zomato, recently took to Instagram to shed light on his personal journey towards better health…
