Cash burn in quick commerce will continue to hurt both firms' bottom lines in the fourth quarter as they continue to invest ...

Shares of food delivery major Zomato plunged as much as 9.99 per cent to an intraday low of Rs 189.60 on Monday, following ...

The March quarter earnings season will be pivotal for new-age tech companies, particularly quick commerce players like Zomato ...

In December 2022, Zomato cut approximately 100 jobs, representing 4% of its workforce, across various departments.

Z omato has reportedly laid off around 600 employees due to a downturn in its food delivery segment and increasing losses from its quick commerce subsidiary, Blinkit. The company is also boosting ...

ALSO READ: Zepto’s cash burn zooms to Rs 250 crore a month on rising capex, closes Rs 2,500 crore funding round The findings come after both Swiggy and Zomato had a tough Q3. While the ...

Zomato’s headcount grew by 34% to 8,244 employees, up from 6,173 in FY23, according to the company’s annual report. The company reported a consolidated net profit of Rs 59 crore for Q3 FY25 ...

Zomato stock plunged 10% intraday to Rs 189.60 against the previous close of Rs 210.65 on BSE. Market cap of Zomato stood at Rs 2.03 lakh crore.

Zomato Vs Swiggy: Check out the stock performance ... While Swiggy net loss widened by 39% to Rs 799 crore in Q3 FY25, even though revenue rose 31% year-on-year to Rs 3,993 crore.