Page 9 - Food Delivery

Zomato's new pilot on inter-city food delivery is not an easy nut to crack

Last week, Zomato said it is foraying into the same model, piloting food delivery with 'Intercity Legends'

'Middlemen' Swiggy, Zomato win once again, restaurants bear the brunt: NRAI

Association details the impact the new discount programmes of these two entities could have on eateries

Quick commerce not just a fad, here to stay, says Jefferies report

The Jefferies report was based on a visit to one of Blinkit's dark stores in NCR

Zomato launches 'intercity legends', now order from anywhere in India

Order popular, authentic dishes from anywhere and have them delivered to your doorstep

Sequoia Capital cuts Zomato holding to 4.4%, sells 172 mn shares

Sequoia Capital India Investments IV also received 45,153,346 incremental equity shares on August 10 owing to the acquisition of quick-commerce delivery platform Blinkit

DoorDash confirms data breach through phishing, customers' data exposed

Online delivery giant DoorDash has confirmed that it has been hit by a data breach, which has affected several customers and merchants

Zomato stops renewals and new sign-ups on Zomato Pro: What has changed?

The spokesperson of Zomato said that they are working on a new program and are working closely with the customers as well as the partners for the same

Swiggy appoints Rohit Kapoor as CEO for its Food Marketplace business

With over 20 years of industry experience, Kapoor has held various leadership positions in sales and finance roles in leading companies such as Max India Limited and Mckinsey & Company

China's Tencent Holdings may sell $24-billion stake in food delivery firm

Tencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out how to execute a potentially large sale of its Meituan stake

Zomato's weightage in FTSE indices to rise to 24.9% from August 11

Shares of Zomato gained 2 per cent to close at Rs 55.6

Tiger Global sells 2.34% stake in Zomato, sells 185 million shares

Tiger Global's Internet Fund VI Pte Ltd had a holding of 5.11 per cent in the online food delivery platform before the sale

Zomato's growing appetite: Moves to multiple-CEO structure for biz

The restructuring is happening after the shareholder approved the Blinkit acquisition

Zomato slumps 11%, closes at new low of Rs 47.55 as one-yr IPO lock-in ends

Start-ups with no 'promoter' may face pressure

Start-up slowdown

Raising funds is becoming difficult

Swiggy starts ESOP liquidity programme worth $23 mn, expands offering

Swiggy employees will this year have the option to receive liquidity of up to $23 million against their ESOPs

Zomato board to consider acquisition proposals on June 24; stock gains 4%

According to a Business Standard report, Zomato may acquire quick commerce player Blinkit

Comply with norms on display of nutritional value: FSSAI to Swiggy, Zomato

FSSAI had come out with labelling and display regulations in 2020 for food service firms

Food delivery firms asked to submit plans for improving complaint redressal

Centre directs e-commerce food business operators to submit proposal on improving consumer grievance redressal mechanism within 15 days

Meituan beats slowdown with $6.9-billion sales, revenue rises 25%

Sales rose to 46.3 billion yuan ($6.9 billion) in the three months ended March

Swiggy plan offers unlimited free deliveries from restaurants 10 km away

Membership programme has exclusive offers on 1,000 products in Instamart, the company's daily essentials service.