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Friday, February 21, 2020

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ZOMATO NEWS

Explained: After Zomato eats Uber

January 22, 2020 8:44 am

Uber has sold its food-delivery operations to Zomato in an all-stock deal. What is the big picture in India’s online food-delivery market? How will the Zomato-Swiggy duopoly impact restaurants and consumers?

Info Edge shares erase morning gains, end nearly 2% lower on NSE

January 21, 2020 6:24 pm

Info Edge (India) shares rose as much as 3.36 per cent to Rs 2,676.10 apiece on the BSE, while on NSE, it climbed 3.21 per cent to Rs 2,675.00 per share after Zomato aquired Uber's food delivery business in India.

Zomato acquires Uber's food delivery business in India

January 21, 2020 7:55 am

By selling Uber Eats in India to Zomato, Uber can cut losses while taking a stake in a startup that was valued at $3 billion earlier this month.

McDonald's India partners with Zomato for food delivery in North and East India

January 15, 2020 3:23 pm

Customers in North and East India will now be able to order McDonald's food items on Zomato and get it delivered to their doorstep.

Bengaluru techie orders pizza on Zomato, loses Rs 95,000 in online fraud

December 06, 2019 5:12 pm

According to the police, an amount of Rs 45,000 was initially deducted from the techie's account. An additional amount of Rs 50,000 went missing from the account later.

#Logout campaign: Top hotel body joins NRAI in protest against deep discounts by aggregators

October 17, 2019 6:57 am

Some of the core grievances identified by the associations are deep discounting, “oppressive contracts”, “unreasonable and arbitrary rules of engagement”, among others.

Zomato extends Gold programme on dining out to deliveries now

September 21, 2019 7:04 am

Zomato has also announced changes to Gold rules on dining out by limiting Gold use by a single user to one per day and allowing a maximum of two Gold unlocks per table.

Mohali city news: Zomato delivery boy killed as crane rams motorcycle

September 12, 2019 10:45 am

Police arrested the crane operator, identified as Baldev Singh, after registering a case against him under relevant sections of the Indian Penal Code.

Zomato headed for profitability; sees 10x growth in 5 years, says CEO Deepinder Goyal

September 08, 2019 2:04 pm

On Thursday, Goyal had tweeted that its delivery partners' monthly income crossed Rs 200 crore for the first time, with the number of delivery partners rising to 2.3 lakh this month against 74,000 in September 2018.

Zomato lays off 541 support staff citing ‘redundancies’

September 08, 2019 1:56 am

The current round of handing over of pink slips comes in addition to the 60 employees that Zomato laid off last month to reduce costs and eliminate redundancies, taking the total number of layoffs by the company to at least 600 this year.