In response to the backlash, Goyal issued a public apology, admitting the mistake. "This is absolutely stupid on our part. I ...

“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 ...

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 ...

Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain (dark store and warehouse network) and rising competitive pressures in quick commerce. According to ...

Zomato Ltd shares may have recovered 9 per cent from January 13 closing, they are still down 17 per cent from their December 2024 high of Rs 304.50. There are growing investor concerns about ...

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 ...

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 ...

(Image/Reuters) Zomato has invested an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (RoC). With this latest infusion ...

Zomato got included on the BSE's benchmark Sensex on Monday, December 23, 2024, replacing JSW Steel Ltd to be listed among the country's top 30 stocks Zomato Ltd shares saw an unexpected drop ...