New Delhi: Online food delivery platform Zomato on Sunday launched a new feature called ‘Food Rescue’ to save more than 4 lakh orders being get cancelled on the platform every month for various reasons by customers. Zomato CEO Deepinder Goyal said cancelled orders will now pop up for nearby customers, who can grab them at … Read more
New Delhi: Online food aggregator Zomato on Tuesday, October 22 reported over 30 percent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25). Zomato’s board also approved the plans to raise Rs 8,500 crore via the qualified institutional placement (QIP) route, … Read more
Beijing-based Meituan on Monday introduced its food ordering and delivery service in Al-Kharj, a central city in the Gulf nation, according to an in-app announcement. The platform also appears to be launching soon in Saudi Arabia’s largest city, the capital Riyadh, according to a profile description of its verified account on X. A Meituan representative … Read more
Swiggy India: How India Eats An increase in eating out frequency, higher purchasing power and a growing customer base will drive the Indian food services market, according to a study by Swiggy and Bain & Company India’s food delivery segment is expected to cross Rs 2.12 lakh crore by 2030, growing at a compound annual … Read more
Representational Image New Delhi: Online food delivery platform Zomato has hiked its platform fee by 25 per cent to Rs 5 per order. Zomato introduced a platform fee of Rs 2 in August last year and later increased it to Rs 3 to improve its margins and become profitable. Buoyed by record food orders on … Read more
