Page 8 - Zomato

Strong growth metrics gives food aggregator Zomato an edge over Swiggy

Zomato's existing live event business -- Zomato Live -- is currently posting a revenue run-rate of Rs 350-400 crore

What is Zomato's daily order count? Company's new feature spills the beans

Zomato CEO Deepinder Goyal took to social media platform 'X' where he shared the update, revealing that over 250,000 orders were already placed by the time it was 11 am

Stock Market Highlights, June 18: Sensex, Nifty end at record closing highs; pvt banks, Infy lead

Stock market Highlights today, June 18: The m-cap of all BSE listed companies settled at Rs 423 trillion or $5.24 trillion

Quick commerce expands to electronics: Smartphones to be delivered in mins

Swiggy Instamart, Zomato's Blinkit, BigBasket's BBNow, and Zepto may begin delivering smartphones and kitchen appliances by November this year

Paytm shares fall 7% from day's high after over 15 mn shares change hands

Paytm news: Neeraj Arora has quit the board of One97 Communications citing pre-occupation and personal commitments

Adani Ports, Zydus Life, Paytm, Zomato among 11 stocks to track on June 18

On the previous day, US markets settled higher, with Nasdaq and S&P 500 reaching record highs

Ticketing, movie business deal: Zomato, Paytm confirm talks are on

Although neither Zomato nor Paytm disclosed the valuation of the transaction, the potential deal is estimated to be in the range of Rs 1,600 crore to Rs 2,000 crore

Zomato in talks to acquire Paytm's movie, events biz for Rs 2,000 crore

Once finalised, this will be the food delivery major's second biggest purchase since acquiring Blinkit in 2022 for $569 million in an all-stock deal

Paytm in talks with Zomato to sell its movie & event ticketing business

The discussions between Paytm, officially known as One97 Communications Ltd., and online food delivery firm Zomato are in advanced stages

Zomato creates Guinness World Record for largest first aid lesson

The event was held at Nesco, Goregaon in Mumbai, and attended by more than 4,300 delivery agents, making it the world's largest on-ground first aid training programme ever conducted

Zomato to invest Rs 300 cr in Blinkit, total rises to Rs 2,300 cr

It will separately invest Rs 100 cr in live events and ticketing business

Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit

With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022

Paytm, Zomato: Key levels to track on new-age stocks amid F&O entry buzz

New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection.

'Unhygienic, dusty' Blinkit warehouse in Hyderabad under FSSAI scanner

Zomato-owned Blinkit's one of the warehouse premises located Hyderabad were found in violation of multiple norms during a raid on June 5, the Commissioner of Food Safety, Telangana said

'Avoid ordering during peak afternoon': Zomato asks customers amid heatwave

With many parts of the nation experiencing a prolonged heatwave, Zomato has asked its customers to avoid ordering food during peak afternoon hours unless absolutely necessary

Macquarie sees 47% downside in Zomato amid rising competition for Blinkit

Macquarie on Zomato: While maintaining its 'Underperform' rating, Macquarie said it values Zomato share price at Rs 96 per share

Reliance to challenge Blinkit, Swiggy, Zepto with quick commerce entry

Reliance's JioMart may begin offering deliveries within the next month, completing deliveries within 30 minutes

E-commerce demand surges amid heatwave, manpower needs increase

In the past month alone, daily deliveries by e-commerce entities have escalated to over two million, compared to 1.2-1.5 million deliveries recorded a year earlier

Zomato, Paytm: What should investors do with new-age stocks? Analysts weigh

Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent

Non-fintech online PAs: Firms may reconsider payment aggregator biz

This comes as Zomato Payments, the wholly owned subsidiary of food delivery platform Zomato, voluntarily surrendered the certificate of authorisation issued by the RBI