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