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Page 10 - Zomato

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO

Shiprocket is acquiring a majority stake in Pickrr for an estimated $200 million in cash, stock and earn-out

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO
Updated On : 29 Jun 2022 | 9:10 PM IST

Ant-backed Zomato loses $1.1-billion market value in just two days

Zomato - among the first-generation of internet unicorns to tap into India's capital market - tumbled 8.4 per cent in Mumbai trading on Tuesday on top of a 6.6 per cent drop on Monday

Ant-backed Zomato loses $1.1-billion market value in just two days
Updated On : 28 Jun 2022 | 11:54 PM IST

Zomato sheds nearly $1 bn in valuation over two days after Blinkit deal

The company's shares fell as much as 14% since the announcement of the deal with the grocery delivery startup

Zomato sheds nearly $1 bn in valuation over two days after Blinkit deal
Updated On : 28 Jun 2022 | 4:16 PM IST

Zomato tumbles 14% in two days post Blinkit acquisition deal

The acquisition of Blinkit by Zomato Ltd. is expected to add to its woes of high operating losses, said analysts

Zomato tumbles 14% in two days post Blinkit acquisition deal
Updated On : 28 Jun 2022 | 10:41 AM IST

Zomato's Blinkit acquisition may delay its road to profitability: Analysts

Due to limited financial and operating data, and intense competition, we forecast Blinkit to turn profitable only by FY27. Thus, he path to profitability for Zomato may get extended from FY25 to FY26

Zomato's Blinkit acquisition may delay its road to profitability: Analysts
Updated On : 27 Jun 2022 | 11:37 PM IST

Zomato, Dish TV, Biocon: Trading strategies for buzzing stocks of the day

Shares of Zomato face stiff resistance at Rs 78, while the downside support stays at Rs 60

Zomato, Dish TV, Biocon: Trading strategies for buzzing stocks of the day
Updated On : 27 Jun 2022 | 12:45 PM IST

Zomato dips 6% as board approves acquisition of Blinkit for Rs 4,447 crore

Zomato-Blinkit deal: This transaction will be carried out through issuance and allotment of up to 628.5 million fully paid-up equity shares of Zomato at a price of Rs 70.76 per equity share

Zomato dips 6% as board approves acquisition of Blinkit for Rs 4,447 crore
Updated On : 27 Jun 2022 | 11:09 AM IST

Top headlines: Zomato to acquire Blinkit, PPI ban to hit BNPL users & more

The move could also result in a systemic risk from a lending standpoint because if suddenly the products are stopped, it may not be possible for customers to repay their loans

Top headlines: Zomato to acquire Blinkit, PPI ban to hit BNPL users & more
Updated On : 27 Jun 2022 | 7:39 AM IST

Zomato board approves acquiring quick commerce firm Blinkit for Rs 4,447 cr

Food aggregator setting sights on big play in quick commerce sector

Zomato board approves acquiring quick commerce firm Blinkit for Rs 4,447 cr
Updated On : 25 Jun 2022 | 12:40 AM IST

Zomato board to consider acquisition proposals on June 24; stock gains 4%

According to a Business Standard report, Zomato may acquire quick commerce player Blinkit

Zomato board to consider acquisition proposals on June 24; stock gains 4%
Updated On : 22 Jun 2022 | 11:50 AM IST

Stocks to watch today: Airtel, Zomato, PVR, Inox, Adani Enterprises, ONGC

Stocks to Watch Today: Zomato board is scheduled to meet on June 24 to consider a potential acquisition transaction.

Stocks to watch today: Airtel, Zomato, PVR, Inox, Adani Enterprises, ONGC
Updated On : 22 Jun 2022 | 7:46 AM IST

Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato

Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.

Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato
Updated On : 16 Jun 2022 | 8:08 AM IST

Jio-bp to power Zomato's commitment to have 100% EV fleet by 2030

Jio-bp will provide EV mobility services to Zomato along with access to 'Jio-bp pulse' branded battery swapping stations for last mile delivery

Jio-bp to power Zomato's commitment to have 100% EV fleet by 2030
Updated On : 16 Jun 2022 | 2:15 AM IST

Paytm, Zomato, Indiabulls Housing look oversold; can jump up to 25%

Among the beaten down mid- and small-cap stocks, Paytm and Zomato can provide some relief to investors, while stocks like Metropolis Healthcare and Latent View Analytics could see further pain

Paytm, Zomato, Indiabulls Housing look oversold; can jump up to 25%
Updated On : 15 Jun 2022 | 1:08 PM IST

Why's govt asking food delivery apps to ramp up complaint redressal system?

The govt has asked food business operators like Zomato and Swiggy to submit a proposal on improving their consumer grievance redress mechanism and breakups of all the charges. Let's find out more

Why's govt asking food delivery apps to ramp up complaint redressal system?
Updated On : 15 Jun 2022 | 7:00 AM IST

Centre orders online food operators to show break-up of all charges levied

Asks them to submit plan in 15 days for improving complaint redress

Centre orders online food operators to show break-up of all charges levied
Updated On : 14 Jun 2022 | 12:00 AM IST

Zomato, Swiggy directed to make data sharing call the user's prerogative

Dept of Consumer Affairs also asks e-commerce food majors to furnish proposal on improving consumer grievance redress mechanism within 15 days

Zomato, Swiggy directed to make data sharing call the user's prerogative
Updated On : 13 Jun 2022 | 8:55 PM IST

Food delivery firms asked to submit plans for improving complaint redressal

Centre directs e-commerce food business operators to submit proposal on improving consumer grievance redressal mechanism within 15 days

Food delivery firms asked to submit plans for improving complaint redressal
Updated On : 13 Jun 2022 | 7:19 PM IST

Zomato's Blinkit deal to give Japanese investor SoftBank money in the bank

If the board does give its nod, SoftBank will get about 4-5 per cent stake in the listed entity

Zomato's Blinkit deal to give Japanese investor SoftBank money in the bank
Updated On : 09 Jun 2022 | 6:56 AM IST

Top headlines: RBI steps in to save rupee, power crisis deepens, and more

India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government

Top headlines: RBI steps in to save rupee, power crisis deepens, and more
Updated On : 08 Jun 2022 | 6:58 AM IST