Zomato founder-CEO Deepinder Goyal joins billionaire’s club as stock hits lifetime high
Share surges as food-tech company reportedly raises platform fee to ₹6 per order in metro cities; Zomato rival Swiggy also follows suit
Share surges as food-tech company reportedly raises platform fee to ₹6 per order in metro cities; Zomato rival Swiggy also follows suit
Zomato says discussions with Paytm are being undertaken with an intent to further strengthen the 'Going-out' business.
Deepinder Goyal emphasised that this new fleet is tailored for gatherings hosting up to 50 people, addressing a gap in their services.
Deepinder Goyal says Zomato will not do on-ground segregation of the fleet in terms of colour to avoid discrimination, after the launch of the 'Pure Veg Mode' service
Goyal also shared plans to introduce more specialised fleets to meet specific customer needs.
Zomato posted profit for the third consecutive quarter in Q3 FY24, driven by topline growth and rise in GOV across its businesses.
Losses continue to decline at Blinkit; co on track to meet guidance of adjusted EBITDA break-even by Q1 FY25, says Zomato
Zomato says it is not liable to pay any tax since delivery charge is collected by company on behalf of delivery partners.
Zomato remains focused on its existing businesses with no plans for any acquisition at this moment.
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.