Zomato reported Rs 185.7 crore in consolidated loss for the quarter ending June 30, compared to a loss of Rs 359.7 crore in the previous quarter.
The one year lock-in for promoters, shareholders, employees and others considered as insiders ended on Monday.
These platforms were directed to show individual consumer reviews transparently and refrain from showing only the aggregation of reviews.
The company's expenses almost doubled to Rs 1,701.7 crore in the March quarter, compared with Rs 885 crore a year ago, according to the company's regulatory filing.
EY India Tax Partner Bipin Sapra said "this change will have an immediate impact on working capital of tax payers who are currently availing credit of 105 per cent of matched credit. The change will also mandate industry to validate that the procurements are made from genuine and compliant vendors."
The recently-listed company had started its grocery service pilot in select markets offering delivery within 45 minutes to its customers.
After a massive response to its IPO, online food delivery platform Zomato recorded a robust debut on the stock market on Friday.
NRAI highlighted the practices by Zomato and Swiggy which had a debilitating effect on the restaurants and the entire ecosystem
Are you an ethical hacker or security researcher? If yes! Then there's a great deal waiting for you! On Thursday (July 8), food delivery platform, Zomato announced a reward under its bug bounty programme.
New Delhi: More than two weeks after oxygen shortages were reported across India, particularly in the national capital, many technology leaders have come forward to help the citizens. “We have…
Bengaluru/Bhubaneswar: Bengaluru women Hitesha Chandranee, who accused Zomato delivery agent Kamaraj of attacking her a few days back while receiving an order, reportedly left the city after a counter complaint was lodged. Police learnt her disappearance after they tried to contact her for questioning following Kamaraj’s complaint. The story does not end there. Now reports […]
Two days after Hitesha Chandranee took to social media to allege a Zomato delivery guy of assault, the accused has opened up by forwarding his side of the story which has left everyone bewildered. Bangalore-based, Hitesha had accused the delivery man of punching her and leaving her to bleed after she refused to pay for […]
New Delhi: Ministry of Housing and Urban Affairs (MoHUA) has joined hands with Zomato for home delivery of street food in six cities. As a part of Prime Minister Street Vendor’s AtmaNibhar Nidhi (PM SVANidhi) Scheme, the MoHUA entered into MoU with Zomato, to bring street food vendors on its food-tech platform. In a statement […]
New Delhi: The Confederation of All India Traders (CAIT) in a communication sent to Union Commerce Minister Piyush Goyal demanded immediate action against e-commerce entities including Amazon, Flipkart, Zomato, Swiggy and others. “It is a case of daylight robbery of e-commerce entities in India and therefore demand immediate action against the erring e-commerce portals and […]
New Delhi: Amid surge in Covid cases, as demand grows for takeaway food in the social distancing times, Zomato on Wednesday said its takeaway service is now available to restaurants at zero commission. The food delivery platform said that for restaurants to be able to tap into this growing demand, it is making takeaway service […]
New Delhi: With the likelihood of a vaccine against coronavirus being available within months, the government has begun a massive exercise to map out cold chain storage facilities to ensure the vaccine is delivered quickly across the country. A national expert group is talking to public and private sector entities in the pharmaceutical sector, food […]
New Delhi: Foodtech unicorn Zomato on Saturday announced that all its women (including transgender people) employees can avail up to 10 days of period leaves in a year. According to the company, women employees can take one period leave for each menstrual cycle. “Why 10? Most women have 14 menstrual cycles in a year. Adjusting […]
New Delhi: Facebook-owned Instagram on Thursday announced its partnership with online food delivery platforms Swiggy and Zomato to support small businesses in India during the Covid-19 crisis. The photo-messaging app also announced the rollout of the food order sticker in India that will help businesses from the food industry stay in touch with their customers […]
Bhubaneswar: Taking cognizance of several instances of online fraud, Odisha government has now come up with a secure platform from where people can book liquor online and get home delivery. A special gateway has been created in the official website of Odisha State Beverages Corporation (OSBC) (www.https://osbc.co.in) from where the consumers can book liquor online […]
Bhubaneswar: Amid chaos over liquor sale in Odisha, Foodtech unicorn Zomato on Tuesday announced the start of its alcohol home delivery service in the State. Starting with Bhubaneswar, Zomato said it will soon expand to other cities like Rourkela, Balasore, Balangir, Sambalpur, Berhampur and Cuttack. “We’re happy to be of service to our users in […]
Bhubaneswar: Hours after Odisha government allowed home delivery of liquor, two food aggregators -Zomato and Swiggy got permission to operate under several municipal corporation limits. Excise department officials informed that both Zomato and Swiggy had applied for permission to deliver liquor at the doorsteps of consumers. As per decision, Zomato has been allowed to operate […]
New Delhi: In a strong signal to leading players Zomato and Swiggy who have been severely hit by Covid-19, e-commerce giant Amazon with deep pockets on Thursday announced it has entered the vast online food delivery market in India, with introducing Amazon Food at select pin codes in Bengaluru. Amazon Food is currently allowing customers […]
New Delhi: Hit hard by the COVID-19 pandemic, Zomato CEO Deepinder Goyal on Friday announced to lay off nearly 13 per cent of its workforce — over 600 employees — via Zoom calls, along with salary cuts for the rest of the employees for at least the next six months starting June, with higher cuts […]
Gurugram: Food delivery platform Zomato on Wednesday announced that it has mandated each of its delivery partners to install and use the Aarogya Setu App — which is designed to help control the spread of coronavirus (COVID-19) and make its information accessible to the common people. This app also helps in finding out corona positive […]
New Delhi: In the wake of the ongoing COVID-19 lockdown across the nation, the Retailers Association of India (RAI) has partnered with the Centre and other players in the retail and food segment to launch, the ‘Food Soldier Project’. The project is an initiative to ease the supply of essential products during the lockdown. “‘Food […]
Bhubaneswar: With the lethal novel Coronavirus winging faster spread in the country, and when WHO has asked to maintain a distance of 2-feet to avoid COVID-19 transmission, Country’s leading online catering service provider, Zomato, has announced some significant safety and hygiene measures to curb the spread of the pandemic disease. The founder of Zomato, Deepinder […]
Rourkela: Known for its witty remarks on social media, the Indian restaurant aggregator and food delivery start-up, Zomato has now taken up a new task in Odisha. The company’s delivery riders on Sunday hit the streets in Rourkela to repair roads. Holding necessary tools, the delivery riders were seen repairing the roads in the city. […]
New Delhi: Zomato on Tuesday announced it has acquired Uber’s Food Delivery Business in India in an all-stock deal and Uber will have 9.99 per cent stake in Deepinder Goyal-led food delivery platform. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato […]
New Delhi: The online food delivery industry in India is set for a big churn as Uber has reportedly entered advanced stages of talks to sell UberEat’s India business to rival Zomato by the end of this year. According to a TechCrunch report on Monday citing sources, the deal “currently values UberEats’ India business at […]
New Delhi: Food delivery platform Zomato has paid more than $100,000 (over Rs 70 lakh) to 435 hackers till date for finding and fixing bugs on its platform. In fact, $12,350 (over Rs 8.7 lakh) in bounties were paid in the last 90 days alone, said HackerOne, hacker-powered bug bounty platform. With the help of […]
New Delhi: From Gujarat’s Himmatnagar to Assam’s Jorhat, food delivery platform Swiggy has expanded its services to 500 cities in India, matching rival Zomato’s reach in the country. Unveiling its plan on Monday, Swiggy, which has added 60,000 new restaurants in the past six months, said it would expand to 600 cities by December 2019. […]
New Delhi: The National Restaurant Association of India (NRAI) on Saturday slammed Zomato for extending its “Gold” programme on its delivery platform, saying it is a desperate attempt by the online food aggregator to shore up the sinking fortunes of its flagship Gold programme. Zomato has announced to take its Gold programme where existing and […]
New Delhi: Over 500 people who were sacked by food delivery platform Zomato earlier this month have a saviour in Medikabazaar – an online B2B platform for medical supplies. According to Medikabazaar’s Executive Vice-President Akash Rajpal, the company wants to ramp up its team by an additional 500 staff in various positions. “We can immediately […]
New Delhi: Food delivery platform Zomato here on Friday announced the plan to launch Zomato Originals, which will have 18 shows for the next three months, starting September 16. Available on the Zomato app, videos would be categorised by genre, letting users watch 3-15 minutes video across shows, recipes and sneak-peek restaurant stories. “We are […]
Bhubaneswar: Amid the nationwide controversy after Zomato, a popular food delivery app, turned down a customer’s request to ‘change rider’, it’s the delivery boys in Bhubaneswar who are now up in arms against the company, but for a different cause. Alleging reduction in their incentives, the Zomato riders staged a demonstration at Lower PMG Square […]
New Delhi: A large number of users have started giving Zomato one-star reviews on Google Play Store to voice their disagreement against the food delivery app on how the company is fine if some customers want specifically “Halal” meat. The users claimed that by having the ‘Halal’ option, Zomato is associating religion to food. Reacting to […]
Jabalpur: Police in Madhya Pradesh have sent a notice to a man who cancelled his order from food ordering app Zomato because he was assigned a “non-Hindu” delivery man and then tweeted about it, triggering a debate over religious intolerance. Jabalpur’s Amit Shukla has been warned by the police that he could be jailed if […]
New Delhi: Food delivery company Zomato is winning the internet after it refused on Wednesday to resolve a customer’s complaint about being assigned a Muslim delivery executive for his food order. “Food doesn’t have a religion. It is a religion,” the company tweeted in response to the customer’s request for change of the rider. On […]
New Delhi: As the online food delivery market in India goes hyper-competitive, Uber Eats, which is yet to create a significant mark on the Indian palette, is now eyeing young professionals in metros and joint families in smaller towns to increase its footprint. Amid reports that Swiggy is buying its India business and then stalled […]
New Delhi: Zomato, the home-grown restaurant search and delivery platform, has triggered a viral trend on social media with its tweet – “Guys, kabhi kabhi ghar ka khana bhi kha lena chahiye” (Guys, sometimes you should eat home-cooked food too). The July 3 tweet by Zomato India has been liked by over 19,000 users and […]
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