Page 20 - Zomato

Zomato, Zypp join hands to deploy 100K e-scooters for last-mile delivery

Zomato says association will enable it to 'significantly reduce carbon emissions'

Zypp Electric to deploy 100,000 more e-scooters for Zomato by 2024

The plan is a part of Zomato's plan to go completely electric by 2030

Over 1,000 Blinkit riders join rival firms amid row over new pay structure

The delivery firm has also been hiring new riders to deal with the shortage since last week

Zomato says most of strike-hit Blinkit stores resumed operations

Most of the stores of quick commerce player Blinkit have resumed operations after being affected by strike of delivery partners, according to a regulatory filing by Zomato. Blinkit, formerly known as Grofers India, was acquired last year by Zomato. Recently the operations of the platform were affected by the strike of delivery partners who were protesting against reduction in payouts per order. "We had to shut down some stores for a few days to ensure safety of our employees at stores and the delivery partners. Most of these stores have now resumed operations," Zomato said in a regulatory filing on Wednesday. The company further said, "Over the last few days we have made changes in the delivery partner payout structure with respect to the Blinkit business to address the needs of delivery partners, improve customer experience and reduce cancellation/order rejection, frauds by few delivery partners in the system. Such changes are done from time to time, as needed." It, however, did n

Paytm, Zomato, Nykaa: Select new-age stocks may rise up to 12%

While the overall trend in the new-age companies has been negative, selective stocks are reflecting a robust comeback. If they succeed in restoring their optimistic faith, the price action may offer s

This startup is disrupting the QSR model with AI- & IoT-driven kitchen tech

Set up in a college hostel back in 2014, Mukunda Foods has sold its products to about 6,000 restaurants that make Chinese, South Indian, Mughlai and other genres

Zomato tells BSE most Blinkit stores have reopened after wage protests

Strike by delivery partners of grocery unit had no impact on operations or financial performance, says firm

Blinkit Strikes: What are riders' demand from Zomato and govt

Zomato says most Blinkit stores have reopened after wage protests

The disruptions have no material impact on the operations and financial performance of the company, Zomato said

Orders of Blinkit rivals surge as workers strike in Delhi-NCR continues

The delivery executives are seeking a reversal of the pay-out structure, which they claim is causing a reduction in their earnings

Blinkit shuts some Gurugram dark stores for good as delivery workers strike

Some 2,500 Blinkit executives have been on strike in Gurugram since April 12 after the company slashed fixed pay-outs per delivery

Zomato set to turn profitable in FY25 at 29% revenue CAGR: Motilal Oswal

Brokerage expects Zomato to gain from the nascent stage of the food delivery ecosystem in India, sees its food delivery GOV surging to Rs 38,400 cr in FY25 from Rs 21,300 cr in FY22

Wage protests halt high-speed grocery deliveries at Zomato's Blinkit

Zomato in an email said it had introduced a new structure for riders that compensates them based on their effort and was engaging with them to reopen the shut stores

Yulu ties up with Zomato to provide e-scooter for food deliveries

Electric bike-sharing startup Yulu has joined hands with food delivery platform Zomato for providing 25,000-35,000 units of its purpose-built e-scooter DeX to the latter's delivery partners for last-mile delivery on custom-made rental plans, a statement said on Monday. Once deployed, these e-scooters have the potential of serving three-lakh green deliveries every day by 2026, Yulu said in a statement. According to the company, rising fuel prices and financial challenges are significant barriers for youth who want to onboard themselves as delivery partners. Yulu said it provides flexible rental packs and allows delivery partners to earn higher earnings compared to ICE-powered vehicles. With Yulu's deep understanding of the delivery ecosystem, purpose-built product DeX, robust operations and a wide network of battery swapping stations, our solutions can improve earnings of delivery partners by up to 40 per cent, said Pradeep Puranam, head of revenue and operations at Yulu. Yulu said

"I am still in the game", Rishabh Pant says in new Zomato ad promoting ZPL

Pant has been sidelined from the upcoming season of IPL due following his car accident in December 2022 in which he sustained several injuries

SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs

Electric vehicles energy infrastructure and services provider SUN Mobility on Monday said it has entered into a partnership with online food delivery platform Zomato to power 50,000 electric two-wheelers of the latter's fleet over the next two years. Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial fleet deployment to start in the National Capital. Through this association, the last-mile delivery partners onboarded on Zomato's platform will benefit from convenient and cost-effective battery swapping solutions for their e-2Ws (electric two-wheelers), the company said in a statement. The association with Zomato is a significant step towards achieving SUN Mobility's goal to build a sustainable and environmentally friendly ecosystem, SUN Mobility CEO Anant Badjatya said in a statement. "By deploying 50,000 electric two-wheelers in Zomato's fleet, we are reducing our carbon footprint by 5,000 MT/month and contributing

4 reasons why HSBC thinks Zomato is a great buy at the current levels

HSBC said, Zomato has seen an improvement in the market share it lost to Swiggy, thanks to the launch of Zomato Gold

Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap

Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.

Dealing with next-gen listings

Investors are starting to realise that new-age companies are a completely different animal

In a bid to rationalise costs, Swiggy sells cloud kitchen business

Swiggy started the Access platform between 2017 and 2019 with an investment of Rs 175 crore; announcements were made to infuse an additional 75 crore by March 2020, pandemic derailed expansion plans