He reassured restaurant partners that Zomato does not compete with them and that Bistro operates as a separate app. According to Goyal, Bistro’s menus are curated based on publicly known ...
The entry of Zomato and Swiggy into the 10-minute food delivery segment has sparked concerns among restaurant partners, who fear private labelling by the food aggregators. The issue took centre stage ...
“I don’t think any of this has so far had a material impact on Zomato restaurant aggregation food business…any form of 10-minute delivery is at a very early stage and will not move the ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
Zomato Q3 Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The ...
Top restaurateurs raised concerns over the entry of food delivery aggregators like Zomato and Swiggy into private labelling and dining-in, and stressed the need for alternatives in the market. At a ...
Zomato Limited was originally incorporated as a Private Limited Company with the name DC Foodiebay Online Services Private Limited at New Delhi dated January 18 2010. Pursuant to a Special Resolution ...
Zomato's stock dropped 5.05% to INR 203.80, marking its fourth consecutive day of losses, with the share price declining over 12% in the last five trading sessions and now trading 31% below its 52 ...
According to a report by Economic Times, Zomato CEO Deepinder Goyal sent in a letter to the National Restaurants Association of India to address concerns from restaurant partners regarding the ...
Global markets also contributed to the positive sentiment. Jan 23, 2025 16:14 NRAI to Challenge Zomato, Swiggy 'Private Labelling' in CCI The National Restaurant Association of India (NRAI) plans to ...
Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts suggest that rising costs and intense competition may affect profitability, ...