Browsing Tag

food delivery

34 posts

Swiggy revenue more than doubles to reach ₹5705 crore in FY22, but loss widens

SoftBank-backed Swiggy witnessed its expenses surge during FY22, which in turn widened…
Zomato

Zomato confirms new 10 minute food delivery service, debuts in Gurugram soon

In what has been in whispers for some time now, Zomato CEO…
Zomato

Zomato revenues double to $394Mn, losses decline as ‘per order’ profits see uptick in India

Zomato on Friday, published its Mid-COVD 19 performance report, and the numbers…
Uber logo

Uber acquires Postmates for $2.65B as it strengthens Uber Eats

The food delivery business is downright cruel, and punishes those who can’t…
Zomato

Zomato to scale down grocery as food delivery expects to make a comeback

Zomato will now return to its homebase, and put its weight behind…
Swiggy

Swiggy testing delivery of supplies on credit, to partner restaurants through ‘Swiggy Staples Plus’

Swiggy is offering a chance for its partner restaurants to get supplies…

Swiggy to lay off 1100 employees as COVID-19 blunts hospitality

Covid 19 has crippled the foundation of the economical world as it…
Zomato

Zomato to lay off 13% staff as hospitality sector bears the brunt of COVID-19’s economic fallout

“We need to make sure that we preserve as much cash as…
Swiggy

Swiggy to lay off hundreds from its cloud kitchens business

The catastrophic economic impact of coronavirus pandemic has led to unprecedented layoffs…

Deliveroo will let food couriers be left on the doorstep in the UK, in light of coronavirus outbreak

Coronavirus is a pandemic now — no running from the demon. As…

U.S. food delivery upstart DoorDash, last valued at $13B, confidentially files for its IPO

DoorDash, the SoftBank backed U.S. based food delivery upstart, has announced that…

Swiggy gets $113 million to take on the ‘Zomato-Uber Eats India’ combine

India’s food delivery sector is back in action. After Zomato’s takeover of…
UberEats

Zomato acquires UberEats India in an all-stock deal worth $350 million

Days after raising $150 million from Ant Financials at a $3 billion…
Zomato

Zomato gets $150M from Ant Financial as possible UberEats India acquisition nears close

More financial spice is now being added to the Indian food delivery…

Food delivery startup Swiggy enters online payments space with Swiggy Money

India’s digital payments space has been a mixed bag. While the sheer…
Swiggy

Swiggy plans aggressive expansion, investments in tech with fresh $1Bn in capital

India’s food tech space is getting it’s biggest capital infusion till date.…

Zomato and UberEats are reportedly in talks to acquire Runnr

Zomato, leading online food discovery and food delivery portal, is said to…
Uber, ubereats

UberEATS might make its India debut this summer

While Google heated up India’s surging food delivery space with Areo, its…
deepinder goyal / zomato

Zomato eyes fresh investments to expand its food delivery business, setup cloud kitchens

While the food-tech ecosystem in India might have faltered in the past…