Page 8 - Food Delivery

Swiggy to give pink slips to over 250 employees in December: Report

Widening losses: In November, Swiggy decided to shut down its cloud kitchen brand, The Bowl Company, in Delhi and the national capital region (NCR)

Uber Eats to pay millions for listing US restaurants on app without consent

Ride-hailing major Uber will pay millions of dollars as settlement with the City of Chicago in the US for listing local restaurants in food delivery apps Uber Eats without consent

Food delivery firm Zomato stake sale fetches Rs 1,631 crore for Alibaba

Prior to the stake sale, Alipay held 6.7 per cent stake in Zomato while affiliate firm Antfin holds another 6.6 per cent share in the foodtech giant

Food-delivery firm Swiggy shuts cloud kitchen brand in Delhi, NCR

Expansion of The Bowl Company in these places was an experiment, says company

Hyperpure: Zomato's B2B ace in the hole on the road to profitability

Although the adjusted EBITDA losses of the B2B business widened in Q2FY23, the company's head honchos believe the venture can become even larger than the food delivery business

Amazon to pull down shutters in food-delivery business in India on Dec 29

Amazon Food had onboarded 3,000 partners including QSR brands such as McDonald's and Domino's Pizza; some 25 people working on the project have all have been absorbed by the company

Zomato now in Hindi, does 150,000 orders a month on regional language apps

Hindi, Tamil account for lions share of orders, at 54% and 11% respectively

Momo brand Prasuma to expand cloud kitchen venture by 200 units by 2025

Company will expand business in Mumbai, Delhi, Bangalore, Chennai, and other major cities

Swiggy announces sexual harassment policy for women delivery executives

If the reported offence is punishable by law then it will lead to the removal of customers from the Swiggy's platform

Zomato soars 13% on heavy volume as net loss narrows to Rs 251 cr in Q2

The company's revenue, too, increased 62.2 per cent year-on-year (YoY) to Rs 1,661 crore in Q2FY23 as against Rs 1,024 crore in Q2FY22

SoftBank Vision Fund loses $7.2 billion on back of tech writedowns

The Vision Fund segment lost 1.02 trillion yen in July-September, following a 2.33 trillion yen loss in the June quarter. Overall, the Japanese conglomerate logged net income of 3.03 trn in last qtr

Zomato Q2 results: Net loss narrows to Rs 251 crore as online orders jump

Revenue from operations rose to Rs 1,661 crore from Rs 1,024 crore

Zomato launches hotline number to report rash driving by delivery partners

Company to soon roll out delivery bags with this number printed on them, says no penalty on riders for delay in delivery, no rewards for reaching order on time

Swiggy denies exodus of restaurants amid deep discounting concerns

Amid reports about hundreds of restaurants delisting from Swiggy Dineout, sources said only 20 brands with nearly 400 outlets have delisted from Swiggy's dining out platform

Motorcycle permits now costlier than new, entry-level bikes in Singapore

The cost of a 10-year motorcycle permit in the city-state hit a record S$12,801 ($8,984) this month according to data from the Land Transport Authority

Your next meal from Zomato may be delivered by CEO Deepinder Goyal

Goyal and other senior execs of the firm wear the official red Zomato t-shirt once a quarter and deliver orders, revealed Sanjeev Bikchandani of Naukri.com and an investor in Zomato

Indian-American Uber Eats delivery person stabbed by career criminal in US

An Indian-American Uber Eats delivery person has been stabbed several times in an attack in the US by a career criminal with more than 100 arrests on his rap sheet, according to a media report. Bharatbhai Patel was stabbed on the Lower East Side, New York on Tuesday by the ex-con described by police as a "super perp", The New York Post reported. The Uber Eats delivery man told The Post on Tuesday that the man stabbed him on the Lower East Side without saying a word and bystanders did nothing. Nobody helped, Patel told The Post. He killed me here, here, here and here, Patel said, referring to the career-criminal suspect and pointing to his wounds. He asked nothing. Not, I need money.' Nothing, the report added. Maybe they need money or something for my bike, he said. But the guy asked me nothing. Patel said he saw around three people near him during the 3 am attack who did nothing to help leaving him to call 911 himself, the report added. He speculated that the people may have

Zomato confident inter-city food delivery will be profitable with scale

According to the firm, scaling up Intercity Legends to more cities will be incremental as demand increases.

Zomato cracks down on cloud kitchens running 10+ brands from single spot

The crackdown comes after a blog post uncovered a Bengaluru cloud kitchen running some 200 different brands

Swiggy, Zomato make it to top 10 global online food delivery firms: Report

Homegrown online food delivery platforms Zomato and Swiggy have made it to the list of the world's 'Top 10' e-commerce-based food delivery companies, says a new report