New Delhi: Zomato’s quick delivery service, Blinkit, has become more valuable than its core food delivery business, according to a new Goldman Sachs report. While Zomato’s food delivery business is valued at Rs 98 per share, Blinkit’s…
Blinkit CEO Albinder Dhindsa said that GOV grew 28 per cent (on-quarter), largely driven by the robust uptick in demand due to the multiple festivals and occasions in the quarter.
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank…
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…
Buoyed by record food orders on New Year’s Eve, the food delivery platform in January increased its mandatory platform fee to Rs 4 from Rs 3 per order across key markets.
New Delhi: Online food delivery platform Zomato has received a goods and services tax (GST) demand and penalty order worth Rs 11.81 crore. The order consists of Rs 5.9 crore in GST demand and a penalty of Rs 5.9 crore for July 2017-March…
"The company has received an order for the period July 2017 to March 2021 passed by Additional Commissioner, Central Goods and Services Tax, Gurugram raising demand of GST of Rs 5,90,94,889 with applicable interest (not quantified) and…
A video that has gone viral on social media shows the delivery executive riding a Harley Davidson motorcycle while on duty. The clip showcases the Zomato delivery agent cruising through the streets on a Harley Davidson X440, a premium bike…
Cricket fans were left in stitches as Bollywood stars Ranveer Singh and Samantha Ruth Prabhu teamed up for new Zomato commercials featuring everyone’s favourite stoic cricketer, Cheteshwar Pujara. The ads, part of Zomato’s ongoing IPL…
New Delhi: Online food delivery platform Zomato on Tuesday introduced a ‘large order fleet’ to serve orders for a gathering of up to 50 people. Zomato Co-founder and CEO Deepinder Goyal made the announcement on the social media platform X,…
"These vehicles are still 'work in progress', and we are in the process of adding important enhancements to them -- like cooling compartments, and hot boxes with temperature control -- to ensure everything arrives just the way you like,"…
Online food delivery platform Zomato on Sunday said it has delisted the restaurant from its platform as well as debarred its owner after a 10-year-old girl died post eating a birthday cake ordered online from the restaurant in Patiala.
"Few months back, we launched India’s first ‘Emergency Heroes’ programme to provide professional first-responder training to our delivery partners. Happy to announce that we now have 20,000+ delivery partners across 31 cities, fully…
The company will be launching PlayStation 5 on its platform on April 5. "PlayStation 5 on Blinkit. Launching tomorrow," Albinder Dhindsa, Blinkit’s CEO, posted on X.
Online food delivery platform Zomato said it has received a service tax demand and penalty order aggregating over Rs 184 crore, and will file an appeal against it before an appropriate authority. The demand order has been received for non…
The investigation into the death of a 10-year-old girl in Patiala, who died after eating a birthday cake ordered online through Zomato from Cake Kanha Bakery, was getting challenging for police.
Zomato on Sunday stated that it has been issued a tax demand, along with interest and penalty, amounting to Rs 23.26 crore by the Assistant Commissioner of Commercial Taxes (Audit) in Karnataka. The popular online...