The development adds to the ongoing discourse around ethical pricing practices. Zomato's CEO, Deepinder Goyal, has issued a public apology for the extra fee that is being charged on vegetarian ...
Zomato announced their Q3 earnings and the stock has tanked over 7% before the final bell. The net profit slipped by 57.2% at Rs. 39 Cr versus Rs. 138 Cr (Cons, YoY). Apart from food delivery, the ...
Jan 20 (Reuters) - Indian food delivery major Zomato's (ZOMT.NS), opens new tab third-quarter profit more than halved on Monday, as rising competition in the quick commerce space and increased ...
Zomato’s consolidated revenue from operations rose significantly to Rs 5,405 crore from Rs 3,288 crore in Q3 FY24. (Image/Reuters) Despite Zomato’s shares on Tuesday falling 10.91% to Rs 214. ...
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
Zomato Ltd shares might have fallen 17 per cent in 2025 so far, they stare at 44 per cent further downside if Macquarie's fresh target price on the stock post Q3 results are taken into consideration.
Zomato share price today, January 07: The share price is down over 24% so far in January. This is after the nearly 125% surge seen in the stock in 2024. (Image: Reuters) Zomato shares fell 5% to ...
“Zomato's loss of 15% in value in less than a day has a lot to do with profit margins getting hit in high-growth q-commerce,” wrote Aviral Bhatnagar, Founder and Managing Partner of AJVC ...
Zomato CEO Deepinder Goyal apologised to customers for charging a “veg mode enablement fee” via the platform, calling it stupid.(Mint) Online food delivery platform Zomato Limited's Chief ...
Zomato’s share price plunged around 10 per cent in early trade on Tuesday after the Indian-headquartered food delivery giant reported a sharp drop in net profit. Zomato is a food delivery and ...
1) Aggressive store addition: Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased spending on opening more centres to fulfil ...
Online food delivery platform Zomato shares plunged nearly 7% to close at Rs 227 on January 13. This marks a fall of nearly 23% in the last three weeks for the stock. Zomato shares have so far ...