Top restaurateurs raised concerns over the entry of food delivery aggregators like Zomato and Swiggy into private labelling and dining-in, and stressed the need for alternatives in the market. At a ...
Shares of quick-commerce companies Swiggy and Zomato continued to slide, dropping an additional 3% on January 22, amid growing concerns about escalating competition in the sector. These worries gained ...
Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and expansion efforts by its quick commerce unit, Blinkit. Swiggy shares also tumbled ...
Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter of the previous year Zomato share price: Zomato Ltd shares ...
“Zomato's loss of 15% in value in less than a day has a lot to do with profit margins getting hit in high-growth q-commerce,” wrote Aviral Bhatnagar, Founder and Managing Partner of AJVC ...
Zomato share price today, January 21: The stock of Zomato has fallen over 9% in the last five trading sessions. (Image: Reuters) Zomato’s share price fell as much as 8.7%, to Rs 218.95, intra ...
Zomato share price slumped over 9% in Tuesday's session following weak results for the December 2024 quarter (Q3). Zomato on Monday announced that its consolidated net profit for the December ...
Shares of Zomato cracked 13 per cent to hit an intraday low of ₹207.80 on the NSE after the food delivery aggregator reported a 57.2 per cent decline in consolidated net profit for the December ...
Zomato Q3 Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The ...
Ratification is in the bag from both of the big parties, and now the real fun begins: playing the parlour game of who gets what when the Cabinet is decided. New taoiseach Micheál Martin, once ...
This decline followed disappointing quarterly results from its primary competitor, Zomato, which raised concerns among investors about the broader food delivery sector. The sharp fall marked the ...
Zomato Q3 Results: Zomato on Monday posted a 57.24 per cent decline in its net profit to Rs 59 crore for the December 2024 quarter (Q3 FY25), according to a regulatory filing. Following this, its ...