Zomato

Zomato delivery boy dies as kite string gets stuck to bike tyre in Delhi

The deceased was identified as Narendra Kumar, a father of three kids used to live with his family in the Vishwakarma colony.

published on : 9th August 2022

Tiger Global sells 2.34 per cent stake in Zomato

Ride-hailing app Uber had also offloaded 61.2 crore shares of Zomato for Rs 3,088 crore through an open market transaction.

published on : 4th August 2022

Uber sells its entire 7.78% stake in Zomato for  $392 million in bulk deal

Shares of Zomato crashed about 10% on the BSE in the early trade on Wednesday on Uber’s stake sale reports. However, it managed to close flat at Rs 55.40 apiece.

published on : 4th August 2022

Zomato shares fall nearly 10 per cent in early trade 

Shares of Zomato on Tuesday had jumped nearly 20 per cent to settle at Rs 55.60 on the BSE.

published on : 3rd August 2022

Uber likely to sell its 7.8 per cent stake in Zomato: Report 

The rumours about the stake sale came on the day Uber Technologies Inc in its Q2CY2022 results said that it lost $245 million on its Zomato.

published on : 3rd August 2022

Drive for delivery agents by Whitefield traffic police to stop encroaching footpaths, roads

Sandeep Anirudhan, the founder of Namma Whitefield Federation of Residents and RWAs in the area, said that residents complained about the numerous times they had faced inconvenience.

published on : 3rd August 2022

Zomato shares jump nearly 11 per cent after June quarter earnings

Zomato on Monday said its consolidated net loss in the first quarter of the current financial year almost halved to Rs 186 crore due to higher income. 

published on : 2nd August 2022

Zomato first quarter net loss narrows to Rs 186 crore, mulls parent entity 

Online food delivery platform Zomato on Monday posted Rs 185.7 crore consolidated net loss in the first quarter of this fiscal compared to a loss of Rs 356.2 crore in the same quarter last year.

published on : 2nd August 2022

Goyal plans multiple CEO structures for Zomato; plans rebrand into 'Eternal'

In June, the board of directors of Zomato approved the acquisition of quick commerce start-up Blinkit (formerly Grofers) for Rs 4,447.5 crore ($570 million) in an all-stock deal.

published on : 1st August 2022

Zomato shares recover from recent slump, rise over 5 per cent on July 7

Zomato's Board of Directors recently approved a proposal to acquire the cash-strapped quick commerce company Blinkit for Rs 4,447 crore. Blinkit was earlier known as Grofers.

published on : 27th July 2022

Zomato allots shares worth Rs 200 crore to staff at Rs 1 face value

Zomato shares fell to their lowest levels since the IPO was launched at Rs 76 per share as the one-year lock-in period for investors considered insiders has ended.

published on : 27th July 2022

Zomato share falls 12%; market capitalisation skids below Rs 33,000 crore

After falling over 11% on Monday, Zomato shares on Tuesday nose-dived another 12% to close at Rs 41.65/piece on the BSE.

published on : 27th July 2022

Zomato must have acquired Swiggy than Blinkit to avoid bloodbath: Ashneer Grover

In May, Grover had said that buying Zomato shares, even when it had been falling for months, wouldn't be a bad idea.

published on : 26th July 2022

As Zomato tanks to all-time low, Jefferies tells long-term investors to hit 'buy' button

Zomato's share price tanked over 11 per cent on Monday and another 12.61 per cent on Tuesday to hit an all-time low of Rs 41.60.

published on : 26th July 2022

Zomato shares slump over 10 per cent after expiry of mandatory lock-in period

The lock-in period refers to that period for which investments cannot be sold or redeemed.

published on : 25th July 2022

Parliamentary panel to meet representatives of Zomato, Flipkart, other tech firms to discuss concerns

In recent times, there have been complaints about alleged anti-competitive ways of various technology platforms and firms. CCI  is already probing various cases, especially in the digital space.

published on : 20th July 2022

Zomato shares slide for second day; tumble over eight per cent

At the NSE, it fell 8.04 per cent to settle at Rs 60.55 apiece. Shares of Zomato had fallen by over 6 per cent on Monday also.

published on : 28th June 2022

Shareholders give thumbs down to Zomato-Blinkit deal

The shares of foodtech platform Zomato fell 6.40% on Monday following its announcement to acquire quick commerce delivery firm Blinkit Rs 4,447.48 crore in a share swap deal.

published on : 28th June 2022

Zomato to acquire Blinkit for Rs 4,447 crore in all-stock deal  

This acquisition comes at a time when Blinkit scaled down its business in many cities and started focusing more on 10-minute grocery delivery.

published on : 25th June 2022

Food delivery platform Zomato to acquire Blink Commerce in Rs 4,447 crore deal

The company's board at a meeting held on Friday has approved acquisition of up to 33,018 equity shares of Blink Commerce Pvt Ltd from its shareholders.

published on : 24th June 2022
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