Food delivery platform Zomato on October 22 reported 389 percent jump in net profit from Rs 36 crore in Q2FY24 to Rs 176 crore in Q2FY25. The company's revenue during the same time increased 69 ...
Growth rates were in line with management’s guidance, but the Street was more intrigued by the board’s sudden approval of a ...
Through a notification on the app, the company explained, " To maintain our services during the festive season, the fee has ...
Platform fees had started off as an inconsequential addition to the overall bill on food delivery orders, but over the months ...
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. The issue sailed over and ...
Shiprocket was operationally profitable on a cash basis in the first two quarters of the ongoing financial year, Goel said, ...
According to media reports, Zomatos main rival Swiggy offered shares valued at $448 million in its initial public offering, ...
This is not the first time Zomato has tried to capitalise on the festive season and holiday spirit. Last year, it raised the ...
Zomato had introduced the ‘platform fee’ at ₹2 in August 2023, at a time it was looking to boost margins and become ...
Zomato posted a significant 58% revenue growth in Q2FY25, reaching Rs 5,127 crore, but profitability challenges remain in its ...