Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...
Zomato has attributed the weaker numbers to the increased investments in accelerated new dark-store openings and customer ...
Legal Action on Zomato | Legal Action On Swiggy The National Restaurant Association of India (NRAI) is considering ...
The industry body said that suvival of many small businesses is under threat, with many of them in tier 2 and tier 3 towns ...
About 70 per cent of people, who are part of the Indian hotel industry, believe that private labelling by the quick commerce ...
Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
The attention on the issue comes as Zomato and Swiggy launch standalone apps to offer 10-min food delivery fulfilled through ...
Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net ...
Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation ...
The quick commerce sector, where Zomato and Swiggy dominate, is witnessing heightened rivalry. Investors are wary of the cost ...
Speaking to Business Standard, NRAI president Sagar Daryani said the association is engaging with its legal team daily and is ...