Zomato raises $1B in first major fundraise since 2021 listing
2 days ago · Zomato has a market cap of about $30 billion. Zomato’s co-founder and CEO Deepinder Goyal last month said the firm, which already had $1.3 billion in cash reserves, was raising the additional ...
Food delivery major Zomato raises Rs 8.5K cr via QIP, expansion …
1 day ago · Zomato’s profit after tax (PAT) jumped five times to Rs 176 crore in Q2FY25, from Rs 36 crore during the same period a year ago. However, PAT was down 30 per cent from Rs 253 crore in Q1FY25. Its revenue from operations rose 69 per cent year on year (Y-o-Y) to Rs 4,799 crore in Q2, up from Rs 2,848 crore a year ago.
Zomato News: Zomato latest news and recent zomato updates
Brokerage JM Financial expressed a preference for Zomato over Swiggy, citing Zomato's market dominance and superior execution. The report highlights Zomato’s leadership and track record, suggesting it holds an edge over Swiggy, despite Swiggy’s progress in quick commerce with its Instamart vertical.
Zomato Climbs on First Index Nod for Indian New Age Tech Stock
5 days ago · Shares of the food delivery and quick commerce platform surged as much as 7.6%, the most since Sept. 5, on the announcement from BSE Ltd.’s index compiler. Zomato will replace JSW Steel Ltd.,...
Exclusive: India finds Zomato, Swiggy food delivery businesses …
NEW DELHI, Nov 8 (Reuters) - An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy (SWIG.NS) breached competition laws, with their business...
Zomato Announcement, Latest News on Zomato - The Economic Times
1 day ago · Zomato's shares surged 7% as it is set to replace JSW Steel in the BSE Sensex, effective December 23. This inclusion follows a year of impressive growth for Zomato, with its stock delivering 130% returns.
Zomato's quick commerce business now more valuable than its …
Apr 25, 2024 · Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s...
A 125-Fold Jump in Profit Turns Zomato’s Shares Into Asia’s Best
Aug 2, 2024 · Shares of Indian food-delivery platform Zomato Ltd. were the best performers amid a sea of red in Asia on Friday after a 125-fold surge in quarterly profit triggered rating upgrades by several...
India's Zomato surges to 1-1/2 year high on promise of profits
BENGALURU, Aug 4 (Reuters) - Zomato (ZOMT.NS) shares surged to a one-and-a-half-year high on Friday after the Indian food delivery company turned in an ahead-of-schedule quarterly profit in a...
Zomato CEO has a 'special weekend' update: "No need to pay us …
23 hours ago · Zomato, has announced a ‘special weekend’ offer for the company's Gold membership program. Taking a subtle dig at their own CEO, Deepinder Goyal, who was recently in the news for his unusual ...
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