India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from ...
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
Zomato CEO assures restaurant partners fair practices defending its 10-minute food delivery push via Bistro as NRAI considers ...
Zomato shares fell 5.1% after disappointing Q3 FY25 results, with a 57% YoY drop in net profit. The quick-commerce unit, ...
FY25 results triggered a steep sell-off, wiping out Rs 44,620 crore in market cap over three days. Despite a 64% YoY revenue ...
Zomato’s share price has fallen more than 17% in the past five trading sessions. It has fallen almost 24% in the last one ...
NRAI filed a petition with the Competition Commission of India (CCI), alleging that Zomato and Swiggy were abusing their ...
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...
ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising ...
Meanwhile, UBS Group's affiliate UBS Principal Capital Asia Ltd offloaded the same number of shares of 29 companies at the ...
In the case of Zomato, HSBC noted that aggressive store additions is leading to heightened losses and, hence, the recent ...