Trying to spot the leader of next Bull Run? These names giving some cues
The bull market of 2003-2007 saw capital goods and EPC companies at the vanguard.
Akriti Chopra is Zomato Finance Head
The appointment of the chartered accountant comes nearly a year after its previous chief financial offic...
After WeWork debacle, founders forced to chase profit, not just funds
The depleting market value of global startups has raised alarm bells ab...
Zomato frontrunner to acquire UberEats
Talks for the acquisition come even as Zomato is in the midst of raising capital where it has already got a commitment from existing backer Ant Financial for $200 million. The funding round will value Zomato over $3 billion, and a potential share-swap may also happen using that benchmark.
ET Awards 2019: Raspberry sorbet, kebab platter at the table; Goyal-Bajaj moment, Ola-Oyo bosses bond over Ladakh, dogs
There was a lot more on the plate - and on the minds - of the VIPs over dinner on a night of accolades.
Zomato, Swiggy, UberEats reduce discounts as food delivery market grows cold
Across the sector, monthly growth fell to 1-2% between Aug and Oct, hurt by a slowdown in consumer spending, cut in discounts and promotions.
8000-strong hotels body to shun Zomato Gold delivery
Gold was extended to delivery by Zomato in September, amidst the stalemate on dine-in services.
US Professor’s tweet slams Indian food as ‘terrible’; Zomato calls for a dislike button
Turns out, calling Indian cuisine ‘terrible’ is indeed a recipe for disaster.
Zomato denies merger talks with rival Swiggy
Zomato is currently delivering 1.3 mn orders a day from 150,000 restaurants across India at more than 10 orders per restaurant per day. Swiggy has expanded its services to 500 cities in India, matching rival Zomato's reach. Swiggy, which has added 60,000 new restaurants in the past six months, said in October it would expand to 600 cities by December 2019.
When Belloni, Bogliolo & Arnault turned to 'Tea' & 'Latte' for closing $16 bn Tiffany-LVMH deal
LVMH's bid approach was discussed by executives at the two companies in mid October.
Zomato halves cash burn to $20 million in October
Sanjeev Bikhchandani, executive vice-chairman of Info Edge, said he was confident that Deepinder Goyal-led Zomato would not only defend its turf, in the face of an anticipated entry by Amazon into the space, but also grow in the face of increased competition.
Chinese VCs bring what money can’t buy for startups
Chinese investors have armed themselves with a suite of services for their portfolio companies in India.
Swiggy will invest another Rs 75 crore to expand its cloud kitchens
Cloud kitchens are delivery-only properties that help restaurants reduce their real estate and labour costs while keeping the window of expanding brands and offerings rapidly. Swiggy claims to have created 8,000 jobs through Access and looks to add 7,000 more in the next 6 months.
Uber Eats focuses on aggressive expansion in India
The company said it has added thousands of restaurant partners across the 44 cities it operates in here. "We are aggressively looking at expanding our presence in the country,” Uber Eats Head of Operations India and South Asia Bansi Kotecha told.
Zomato washes hands off arrested delivery boy
The anti-terrorism squad of the Gujarat police arrested Moinuddin Pathan near the state border with Rajasthan earlier in the week.
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