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About 877 results for "zomato"

Zomato Takes A Step Back, Withdraws Physical Presence From 9 Global Markets
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Zomato Takes A Step Back, Withdraws Physical Presence From 9 G...

The company will remotely continue to operate in the markets from India headquarters. To gain market share in the US, the company had earlier acquired Urban Spoon for $60 million. But the acquisition did not boost the company’s growth in the market. And ... Pluggd in, 18 hours ago

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Channel Times

Zomato's Losses Soar To 18 Lakhs Annually

Zomato, the popular eatery search and delivery platform has revealed to its investors that the company is losing INR 1.5 lakh every month on its operational expenditures. The company's Co-founder, Deepinder Goyal in an investor meet informed ...
 Channel Times1 day ago Zomato's Deepinder Goyal says its food delivery competitors have only 6-9 months left  Media Nama1 day ago Zomato loss runs to Rs 1.5 lakh monthly  Smart Investor4 days ago Zomato loss Rs 15 lakh monthly on delivery  Smart Investor5 days ago

Zomato pulls out physical presence from 9 'high burn' markets

Online restaurant ordering and discovery portal Zomato has sharply reduced money that it loses in monthly operations to less than a quarter of what it was last year, as it beat a retreat from high-cost markets to focus on geographies where it has a ...
 TechGig1 day ago Zomato scales back operations in nine overseas markets  Livemint.com4 days ago Zomato rolls back operations in 9 overseas markets  India Retailing4 days ago Zomato scales back operations in overseas markets [Mint, New Delhi]  Bloomberg4 days ago

Five takeaways from Zomato's FY16 performance

Restaurant listings and discovery company Zomato Media Pvt Ltd has been able to reduce its operating cash burn to $1.7 million in May from a high of $9 million last year, but it's still a long way from being in the black. In an investors call on ...
 Techcircle.in4 days ago This is how Zomato plans to curb swelling losses  Times of India4 days ago To cut costs, online restaurant and food delivery company Zomato pulls out of 9 markets  Economic Times5 days ago Zomato losses soar in FY16, drag parent Info Edge into the red  Techcircle.in5 days ago

Zomato’s losses widen to ₹492 crore

Online restaurant discovery and food-ordering service Zomatos losses have widened by over two times at 492 crore in financial year 2015-16 compared with the previous fiscal. However, the companys revenue has zoomed 91 per cent at 185 crore during the year ...
 Business Line4 days ago This Is How Food Delivery Service Zomato Lost 500 Crore Trying To Make 184.97 Crore  Indiatimes5 days ago Zomato's loss more than triples in FY16  Times of India5 days ago Zomato's Losses Shoots Up To Rs 492.3 Crore In FY16; Revenue Doubles  Pluggd.in6 days ago

Flipkart's IIM hiring debacle, Zomato scaling down, Snapdeal top hire quits

Flipkart defers joining dates for IIM grads; Zomato scales back operations in nine overseas markets; Snapdeal's chief product officer leaves Mint presents a wrap of the developments in the start-up world in the past week that gives you an idea of ...
 Livemint.com3 days ago Zomato and Flipkart: Twilight of the unicorns?  Hindustan Times3 weeks ago

Red ink spreads in Zomato books

Bloodbath for the food-tech sector might continue for longer than predicted, as online restaurant discovery and food ordering service Zomato's loss before tax has shot up 262 per cent to Rs 492.3 crore for FY16. Info Edge, the largest investor in ...
 Smart Investor5 days ago Zomato's losses rise 260% in FY16  Smart Investor6 days ago

Zomato losses widen by 282%, online restaurant search portal ups revenue by 92%

The losses at the online restaurant search and discovery portal Zomato widened by 262% at the end of FY16 even as its revenue increased by 92%. Zomato reported a loss of Rs 492.27 crore for the year ended March 31, 2016 as compared to Rs 136 ...
 Financial Express5 days ago Zomato losses widen by 262 pct  Financial Express5 days ago

Despite growing losses, Zomato doubles its revenue

BENGALURU: Online restaurant ordering and discovery portal Zomato has doubled its revenue even as losses mounted three-fold in fiscal 2016 as the Gurgaon-based company mounts a concerted effort to trim costs while expanding business across global ...
 Economic Times5 days ago Zomato's losses mount in FY16, even as revenue doubles  Livemint.com6 days ago Real estate portal 99acres narrows losses in Q4  Techcircle.in6 days ago
Media Nama

What the financials of online food ordering biggies Swiggy, Foodpanda and Zomato reveal

The online food ordering culture is booming in India, bringing variations in the way traditional restaurants worked. Not long ago, looking for your favourite cuisines and ordering food online seemed like a thing of the distant future. But now, ...
 Yourstory.in1 week ago Stop dialling, order online, says Zomato in quirky print ad  Afaqs2 months ago India's Food Business Revenues Seen At $33 Billion By 2020  Businessworld India2 weeks ago Swiggy raises $7M: report; Daily orders grow 3,400% over a year to 35k  Media Nama2 weeks ago
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