Page 24 - Zomato

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

From Meta to Zomato, how new online review rules will impact industry

As far as platforms like Google and Meta go, the new rules will require them to validate the real person behind the review through specified six-right mechanisms

Zomato, Paytm dole out ESOPs to top executives in H1FY23 despite losses

According to regulatory filings by Paytm and Zomato, key managerial personnel have been rewarded ESOPs worth crores during the first half of FY23

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

Withdrawal of start-up IPOs take wind out of sails of unlisted market

Share prices, trading activity slump amid rising uncertainty for startup listings

11 e-commerce firms on board govt campaign to fight fake reviews

Firms to develop filtering & control tools and algorithms, verification and control processes

Stocks to Watch: Tata Motors, PB Fintech, Zomato, Archean Chemical, Metals

Stocks to Watch: Archean Chemical Industries and Five Star Business Finance will make their market debut today; Tata Motors will replace Dr Reddy's in the BSE Sensex from December 19

Zomato to lay off 3% of its total workforce to reduce costs: Report

Zomato, which currently has nearly 3,800 employees, stated that layoffs will be based on regular performance

Zomato co-founder Mohit Gupta quits; third big exit in two weeks

Gupta was previously the chief operating officer for the travel company Makemytrip

Zomato co-founder Mohit Gupta resigns; pens a heartfelt farewell note

In a farewell note, Gupta said that it was an honour for him to see the company grow leaps and bounds

As SoftBank sells stake in Paytm for $215 million, more could follow

The price range for the shares was set between Rs 555 to Rs 601.45, which would mean a discount of 7.7 per cent

Start-up meltdown continues as pre-IPO investors look to sell stake

Paytm shares go down 10 per cent after SoftBank pares holding; Delhivery, PolicyBazaar under pressure

5 famed tech IPOs in India flounder, shedding more than $18 bn in value

Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic

Paytm faces another reckoning with lock-in period expiring this week

The biggest shareholders in One97 Communications Ltd., Paytm's parent company, are Alibaba Group Holding Ltd. and its fintech affiliate Ant Group Co., as well as Japan's SoftBank Group Corp

IRCTC, Zomato, Infosys: Is investors' love for digital India over?

Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit

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

Sensex leaps 1,181 pts, Nifty holds 18350 amid global rally; HDFC duo up 6%

CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge

Should you bet on new-age tech stocks after a mixed Q2?

Shares of new-age tech companies like Nykaa, Paytm and Zomato have fallen up to 68% from their listing prices. As they struggle with profitability, should investors keep these stocks on radar?

Stocks to watch: M&M, Eicher Motors, Zomato, Adani Green, Alkem Labs, JSPL

Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11

Zomato net loss narrows to Rs 251 crore in Q2, revenue jumps 62%

This is the first quarter where the food aggregator crossed the billion-dollar mark in annualized revenue, Zomato revealed