Zomato shares zoom 19% to all-time high
Zomato’s quick commerce unit Blinkit plans to increase its stores to 2,000 by the end of 2026.
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Zomato delivers ₹175-crore profit in Q4
For the full financial year 2023-24, Zomato logged a profit of ₹351 crore from a loss of ₹971 crore in FY23.
Zomato introduces ‘pure veg mode’ and ‘pure veg fleet’
Goyal also shared plans to introduce more specialised fleets to meet specific customer needs.
From ₹49 to ₹151: Zomato shares gain 200% in 11 months on turnaround in earnings
Zomato posted profit for the third consecutive quarter in Q3 FY24, driven by topline growth and rise in GOV across its businesses.
Zomato shares hit fresh 52-week high on strong Q2; zoom 170% in 9 months
Zomato reported a consolidated net profit of ₹36 crore in Q2FY24, compared with profit of ₹2 crore in June quarter of FY24 and a loss of ₹251 crore in Q2FY23.
Tiger Global exits Zomato by selling stake worth ₹1,124 cr; stock rises
Tiger Global, through its investment vehicle Internet Fund IV, sells 12.34 crore shares, or 1.44% stake in Zomato, at an average price of ₹91.01 per share.
Zomato jumps 14% on ₹2 crore profit in Q1
Zomato's net profit stood at ₹2 crore for the first quarter compared to a loss of ₹186 crore in the year-ago period.
No material revenue impact from Blinkit strike: Zomato
Most Blinkit stores have now resumed operations, says Zomato
Blinkit strike causes 1% revenue loss in 3-4 days: ICICI Securities
Blinkit delivery executives went on strike last week, demanding the rollback of recent changes made to delivery incentive structures in Delhi NCR.
Blinkit, Zepto, Instamart, JioMart, DMart: Jefferies orders groceries to find best discounts
Quick commerce players offer the lowest discounts due to their focus on convenience.
