Tag: online food delivery
Posted in Business
Zomato misses Q2 profit estimates, hurt by store expansion costs
October 22, 2024 Leave a Comment on Zomato misses Q2 profit estimates, hurt by store expansion costs
Oct 22, 2024 04:34 PM IST Zomato plans to raise 85 billion rupees through share issuance and aims for 2,000 stores by 2026 amid increasing…
Posted in Startups
swiggy: Zomato, Swiggy seek a route to reach bottom of the pyramid
December 8, 2023 Leave a Comment on swiggy: Zomato, Swiggy seek a route to reach bottom of the pyramid
Online food delivery platforms Zomato and Swiggy are exploring innovative strategies to attract value conscious, bottom-of-the-pyramid consumers amid a sluggish expansion in customer acquisition. Bengaluru-based…
Posted in Startups
zomato: Kotak raises Zomato fair value on higher contribution margin for food delivery
October 25, 2023 Leave a Comment on zomato: Kotak raises Zomato fair value on higher contribution margin for food delivery
Kotak Institutional Equities has raised the per-share fair value of food and grocery delivery platform Zomato to Rs 125 from Rs 100 earlier. The increase…
Posted in Startups
swiggy: Swiggy introduces ‘WhatToEat’ feature offering customised food choices to users
July 4, 2023 Leave a Comment on swiggy: Swiggy introduces ‘WhatToEat’ feature offering customised food choices to users
Online food delivery platform Swiggy on Tuesday said it has introduced an industry-first ‘WhatToEat‘ feature aiming to simplify the selection process by offering personalised recommendations…