Zomato News: Zomato latest news and recent zomato updates
Zomato Share Price: Zomato shares have surged by 126% this year, driven by strong growth in food delivery and quick commerce. Analysts remain optimistic about the company's future, citing improved margins and strategic acquisitions.
India’s Zomato to raise $1B ahead of rival Swiggy’s IPO
Oct 22, 2024 · Zomato on Tuesday said its board has approved a plan to raise $1 billion via a sale of shares to institutional investors, as competition in India’s quick-commerce sector heats up.
Zomato shares jump 5% to hit all-time high: what is pushing the …
What is driving the surge in Zomato stock prices? The recent rally in Zomato stocks can be attributed to the company's robust financial performance, marking a significant turnaround, experts...
Zomato's quick commerce business now more valuable than its …
Apr 25, 2024 · 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.
Zomato’s 260% Stock Surge Has Analysts Scrambling to Catch Up
Apr 15, 2024 · Zomato Ltd. has outpaced gains in all the world’s major delivery stocks over the past year, sending analysts scrambling to boost their outlooks for the Indian company as its profitability...
Zomato Turns Profitable Amid India’s Online Food Ordering Boom
Aug 3, 2023 · Food delivery firm Zomato Ltd. posted its maiden quarterly profit with increasing subscriptions for its loyalty program driving a 72% growth in revenue.
India's Zomato surges to 1-1/2 year high on promise of profits
BENGALURU, Aug 4 (Reuters) - Zomato (ZOMT.NS) shares surged to a one-and-a-half-year high on Friday after the Indian food delivery company turned in an ahead-of-schedule quarterly profit in a...
India's Zomato rockets to all-time high as Blinkit delivers stellar ...
Aug 2, 2024 · Shares of India's Zomato surged as much as 19% to a record high on Friday, a day after the food delivery company's first-quarter profit blew past expectations, powered by strong growth in its...
Zomato Q3 results: Net profit rises to Rs 138 crore, beats analyst ...
Feb 8, 2024 · Online food delivery giant Zomato has reported a net profit of Rs 138 crore in the third quarter of FY24, better than what analysts had estimated. In the year-ago period, Zomato had reported a net loss of Rs 347 crore.
'Couldn't have asked for better company': Zomato CEO's heartfelt ...
20 hours ago · Well done, Zomato!” Swiggy IPO makes strong start Swiggy's market debut lived up to expectations, with shares listing on the National Stock Exchange (NSE) at Rs 420, representing a 7.69% premium ...
- Some results have been removed