zomato – Asian News from UK

Quick for Basics, Physical for Premium

India’s retail ecosystem is undergoing a pivotal shift as consumers seek a balance between the convenience of digital platforms and the quality assurance offered by traditional stores….reports Asian Lite News Quick commerce

November 22, 2024

Business·Economy·India News

Zomato Pours Funds into Key Ventures

Zomato will also invest Rs 100 crore in Zomato Entertainment, its events arm, which specialises in curating and selling tickets for concerts, parties, and festivals….reports Asian Lite News Online food delivery platform

June 12, 2024

Business·Economy·India News

Zomato narrows net loss in Q4

Zomato now aims to get to positive adjusted EBITDA (and also profit after tax) on a consolidated basis (including quick commerce) within the next four quarters…reports Asian Lite News Online food platform

May 21, 2023

Business

Zypp Electric, Zomato team up for EV deployment

The company said that the association is part of a larger plan of Zomato to go completely electric by 2030…reports Asian Lite News Zypp Electric on Tuesday said it will deploy 1

April 26, 2023

Business·India News

SUN Mobility and Zomato tie-up for EV

The move is aligned with Zomato’s commitment to “The Climate Group’s EV100 initiative that implies 100 per cent EV adoption by 2030″…reports Asian Lite News SUN Mobility on Monday said it has

March 28, 2023

Business·India News

Zomato sees another high-profile exit

In a regulatory filing, Zomato said that Patidar was one of the first few employees of Zomato and built the core tech systems for the company….reports Asian Lite News Online food delivery

January 4, 2023

Business

Alibaba to sell Zomato shares worth $200 million

Zomato’s share price has fallen over 55 per cent this year, amid senior level exits and job cuts….reports Asian Lite News Chinese behemoth Alibaba is set to sell its shares worth $200

November 30, 2022

Business

Zomato narrows net loss to Rs 251 cr

The revenue went up to Rs 1,661 crore against Rs 1,024 crore in the year-ago period, a significant 62.2 per cent jump, the company said in a statement…reports Asian Lite News Online

November 11, 2022

Business

Breather for loss-ridden Zomato

The company recovered losses in the food delivery business. Overall, adjusted loss in EBITDA narrowed to Rs 150 crore in Q1FY23 versus Rs 220 crore in Q14FY22 and Rs 170 crore in

August 2, 2022

Business·India News

Zomato’s quarter loss widens to Rs 360 crore

Zomato’s revenue from operations during the March quarter reached Rs 1,211.8 crore, a jump of 75.01 per cent as against Rs 692.4 crore in the same period last year….reports Asian Lite News

May 25, 2022

Business