Zomato

India’s Delivery Services Zomato, Blinkit to Merge, Report Says
India’s Delivery Services Zomato, Blinkit to Merge, Report Says
March 15, 2022  |  Delivery

Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million,...

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Today in Food Commerce: Deliveroo to Trial Ultrafast Delivery; Aggregators Take a Hit
Today in Food Commerce: Deliveroo to Trial Ultrafast Delivery; Aggregators Take a Hit
February 11, 2022  |  ResTech

Today in food commerce, Deliveroo gears up to try out ultrafast grocery delivery, and major aggregators struggle to make the economics of the model work....

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Delivery Aggregator Losses Point to Economic Value of Platform Model
Delivery Aggregator Losses Point to Economic Value of Platform Model
February 11, 2022  |  Delivery

As food delivery services in the United States and abroad struggle to make the model work, Uber stands out at as a rare success story,...

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Shares Tumble as Zomato Delivers Lukewarm Q3 Results
Shares Tumble as Zomato Delivers Lukewarm Q3 Results
February 11, 2022  |  Earnings

Indian food delivery group Zomato delivered lukewarm third-quarter results, causing shares to tumble almost 9% on Friday (Feb. 11), with just a 1.7% uptick in...

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Today in Food Commerce: Mondelēz Sees Digital Growth; Zomato Backs Tech Startups
Today in Food Commerce: Mondelēz Sees Digital Growth; Zomato Backs Tech Startups
January 28, 2022  |  ResTech

Today in food commerce, Mondelēz reports rising eCommerce sales, and rapid delivery service Zapp raises $200 million in Series B funding. Plus, FAT Brands Chief...

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Zomato Adds Minority Stakes in UrbanPiper, Adonmo Through NBFC
Zomato Adds Minority Stakes in UrbanPiper, Adonmo Through NBFC
January 28, 2022  |  Investments

India-based food delivery app Zomato has unveiled an unnamed, non-banking financial company (NBFC) and invested in ad technology firm Adonmo and B2B software platform UrbanPiper...

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Today In Food Tech: Ahold Delhaize, Deliveroo Aim To Meet Global eGrocery Demand
Today In Food Tech: Ahold Delhaize, Deliveroo Aim To Meet Global eGrocery Demand
August 11, 2021  |  Retail

Today in restaurant and grocery tech news, Ahold Delhaize and Deliveroo grew their online grocery sales in Q2. Plus, PYMNTS data reveal why restaurants need...

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Lucrative India Delivery Market Bolsters Zomato Stock Despite Company Taking Earnings Hit
Lucrative India Delivery Market Bolsters Zomato Stock Despite Company Taking Earnings Hit
August 10, 2021  |  Earnings

Indian food company Zomato has been posting more than triple the losses from a year ago in its first quarterly earnings report, a Bloomberg report...

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India’s Delivery App Zomato To Launch Payments Service
India’s Delivery App Zomato To Launch Payments Service
August 05, 2021  |  Digital Payments

Food delivery app Zomato is planning to debut a new FinTech experiment called Zomato Payments, VCCircle reported. Zomato, in a regulatory filing this week, said...

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