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Zomato gets RBI approval to operate as 'online payment aggregator'

Zomato gets RBI approval to operate as 'online payment aggregator'

Thu, Jan 25, 2024

"We wish to inform that ZPPL has been granted a certificate of authorisation dated January 24, 2024, from the RBI to operate as an 'Online Payment Aggregator' in India with effect from January 24, 2024, as per the guidelines issued by the RBI," Zomato said in an exchange filing.

Zomato hits fresh 52-week high again; can you still join the party?

Zomato hits fresh 52-week high again; can you still join the party?

Fri, Jan 12, 2024

With that, the stock took its overall upmove to 6.6 per cent in four days, having scaled a series of 52-week highs this week.

Zomato to show muted business, stock performance this year, says HSBC; target raised

Zomato to show muted business, stock performance this year, says HSBC; target raised

Thu, Jan 11, 2024

Zomato posted a net profit of Rs 36 crore for the September quarter, driven by higher food delivery orders, as against a net loss of Rs 251 crore for the corresponding period a year ago.

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Zomato Shares Jump Over 5% Amid Block Deal Buzz: What's the Trend in DIIs' Ownership of Zomato?

Zomato Shares Jump Over 5% Amid Block Deal Buzz: What's the Trend in DIIs' Ownership of Zomato?

Wed, Aug 30, 2023

Big block deal happened in Zomato today: SoftBank sold a big stake today. Who has sold his share so far? Zomato: What is the trend of DIIs' share, know complete details in this video

Zomato stock rallies as SoftBank offloads 10 crore shares in a block deal

Zomato stock rallies as SoftBank offloads 10 crore shares in a block deal

Wed, Aug 30, 2023

SoftBank Vision Fund is offloading 10 crore shares in Zomato in a block deal worth Rs 940 crore. The sale follows the complete exit of Tiger Global from Zomato. Zomato shares rallied 73% in the last six months and the company's market cap breached the $10 billion mark. Shares of Zomato were trading 3.7% higher at Rs 98.20 on August 30 in early morning trade.

SoftBank likely sold 10 crore shares in Zomato for Rs 947 crore, stock up

SoftBank likely sold 10 crore shares in Zomato for Rs 947 crore, stock up

Wed, Aug 30, 2023

US-based investment major, via its VC fund Internet Fund III Pte Ltd, exited online food delivery platform Zomato.

Zomato shares rise after Tiger Global offloads 1.44% stake via block deal

Zomato shares rise after Tiger Global offloads 1.44% stake via block deal

Tue, Aug 29, 2023

Shares of Zomato were trading higher by 1.69 per cent at Rs 93.89 in early morning trading on Tuesday.

Tiger Global, DST Global sell 1.8% stake in Zomato for Rs 1,412 crore

Tiger Global, DST Global sell 1.8% stake in Zomato for Rs 1,412 crore

Mon, Aug 28, 2023

Tiger Global and billionaire Yuri Milner's DST Global on Monday sold a 1.8 per cent stake in online food ordering platform Zomato for Rs 1,412 crore through open market transactions.

High on Morgan Stanley's positive outlook, Zomato shares end trading on a strong footing

High on Morgan Stanley's positive outlook, Zomato shares end trading on a strong footing

Mon, Aug 28, 2023

Zomato share price: Morgan Stanley spoke highly of Zomato's decision to roll out a platform fee of Rs 2/order across all cities. The brokerage firm said that the platform fee would improve the profitability of the food delivery segment.

"Zomato's Future Revealed: Morgan Stanley Report Analysis | Business Growth Forecast"

"Zomato's Future Revealed: Morgan Stanley Report Analysis | Business Growth Forecast"

Mon, Aug 28, 2023

Morgan Stanley report on Zomato: What is special about Morgan Stanley's report? What is the view of brokerages on Zomato? Know how will be the growth of business in future?

Govt's ONDC reaches 50,000 restaurants, takes on Zomato-Swiggy dominance

Govt's ONDC reaches 50,000 restaurants, takes on Zomato-Swiggy dominance

Mon, Aug 28, 2023

Giving a tough fight to Zomato-Swiggy dominance in online food delivery market, Open Network for Digital Commerce (ONDC), an initiative of the government, on Monday said that 50,000 restaurants are now live for placing online orders on the Open Network, across 172 cities.

Zomato, Battery Smart join hands to provide battery swapping access to delivery partners

Zomato, Battery Smart join hands to provide battery swapping access to delivery partners

Mon, Aug 21, 2023

India's food delivery market is predominantly run on two-wheelers, and there is a huge opportunity to electrify delivery fleets, save costs and foster sustainability, the statement said. (Image credit: )

Zomato's stock likely to be volatile on speculation around possible exits by some pre-IPO shareholders

Zomato's stock likely to be volatile on speculation around possible exits by some pre-IPO shareholders

Fri, Aug 18, 2023

“We strongly suggest that long-term investors use these liquidity events to build a sizable position in Zomato as it not only offers a strong play on India's online food services market but is also, post the Blinkit acquisition, shaping up into a formidable diversified play on online retail”, it said.

India plans welfare measures for gig workers ahead of elections

India plans welfare measures for gig workers ahead of elections

Sun, Aug 13, 2023

Labour Minister Bhupender Yadav told lawmakers this week any scheme for gig workers might be funded through contributions by federal and state governments, as well as the platforms.

Zomato turns profitable: Geojit sees 22% upside in its stocks in a year

Zomato turns profitable: Geojit sees 22% upside in its stocks in a year

Wed, Aug 09, 2023

Geojit Financial Services Ltd has put forward a 'Buy' rating for Zomato stocks, with expectations of a 22 per cent return on investments over a period of 12 months.

Zomato has profit target of Rs 10,000 crore in next 3 years: Zomato CEO Deepinder Goyal to Zee Business managing editor Anil Singhvi

Zomato has profit target of Rs 10,000 crore in next 3 years: Zomato CEO Deepinder Goyal to Zee Business managing editor Anil Singhvi

Mon, Aug 07, 2023

Zomato on Thursday reported its first-ever quarterly net profit of Rs 2 crore. The company's revenue from operations also jumped to Rs 2,416 crore from Rs 1,414 crore in the same quarter last fiscal.

Zomato Shares Touch 52-Week High: What's Driving the Momentum?

Zomato Shares Touch 52-Week High: What's Driving the Momentum?

Mon, Aug 07, 2023

Zomato Share Price: Online food delivery firm Zomato's shares touched a 52-week high on Monday, continuing to rise for the fifth session in a row. Last week, Zomato reported an ahead-of-schedule quarterly net profit, in a sign it was on track to sustained earnings growth. The company had reported net losses for each of the eight quarters since it went public in 2021.

Message To Zomato Investors! , Does Zomato's Founder & CEO ever order on Swiggy?

Message To Zomato Investors! , Does Zomato's Founder & CEO ever order on Swiggy?

Mon, Aug 07, 2023

Why did Deepinder Goyal of #Zomato write 'Delivery Boy' in his profile? What kind of growth is possible in Hyperpure and Dining Out? Does Zomato's Founder & CEO ever order on Swiggy? What's the message to investors? Watch the first Hindi interview of #zomato management with Anil Singhvi...

More than 40-50% growth possible in Zomato? Why Anil Singhvi became Bullish on Zomato?

More than 40-50% growth possible in Zomato? Why Anil Singhvi became Bullish on Zomato?

Mon, Aug 07, 2023

More than 40-50% growth possible in Zomato? Why Anil Singhvi became bullish on #zomato? Watch the first Hindi interview of #zomato management with Anil Singhvi...

What is Zomato's plan for the future? , Zomato's Next Moves: Unveiling the Future Plans

What is Zomato's plan for the future? , Zomato's Next Moves: Unveiling the Future Plans

Mon, Aug 07, 2023

What is Zomato's plan for the future? When will Blinkit turn profitable? Watch the first Hindi interview of #Zomato's management with Anil Singhvi...

Zomato's Strategic Plan to Boost Blinkit's Profits | When will Blinkit be profitable?

Zomato's Strategic Plan to Boost Blinkit's Profits | When will Blinkit be profitable?

Mon, Aug 07, 2023

What changed in E-commerce? What is Zomato's plan to make Blinkit profitable? When will Blinkit be profitable? How much cash does Zomato have, what will Zomato do with the cash? Watch the first Hindi interview of zomato management with Anil Singhvi...

What are the new targets of Zomato? Learn from Anil Singhvi

What are the new targets of Zomato? Learn from Anil Singhvi

Mon, Aug 07, 2023

Zomato Management's First Hindi Interview What are the Takeaways for Investors? When will Blinkit turn profitable? What is the plan of zomato, why increased confidence, what are the new targets?

Why is Zomato charging Rs 2 as a platform fee on all its orders?

Why is Zomato charging Rs 2 as a platform fee on all its orders?

Mon, Aug 07, 2023

The “small fee” has been introduced to help “us pay the bills so that we can keep Zomato running,” a pop-up on the food delivery app stated.

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