According to Goyal, the first major factor is a general slowdown in consumer spending, particularly in discretionary categories like restaurant food.

Zomato Q4 Results: In a major setback for Deepinder Goyal-led Zomato, now known as Eternal, the year-on-year (YoY) profits of ...

CEO Deepinder Goyal pointed to operational difficulties and a strategic pivot as major reasons for abandoning the service of ...

Blinkit CEO Albinder Dhindsa delved into the reasons behind the quick commerce business, witnessing a widening of the ...

Zomato 'Quick' and Zomato ‘Everyday’ services will be shut down, confirmed CEO Deepinder Goyal said in a letter to ...

Quick was Zomato’s answer to the 10-minute food delivery trend. However, Eternal CEO Deepinder Goyal clarified that the model ...

For the January-March period, Zomato, which is Eternals food delivery business, reported a 16% year-on-year rise in gross ...

Zomato CEO Deepinder Goyal firmly shut down claims about his company losing ground to competitors, calling the allegations ...

Zomato CEO Deepinder Goyal explained that the current kitchen infrastructure isn't equipped to support 10-minute deliveries ...

Zomato CEO Deepinder Goyal denied claims of market share loss and employee order mandates after a viral Reddit post alleged ...

Neither are we losing market share, nor will we ever force our employees to order on Zomato,” Zomato CEO Deepinder Goyal said ...

Eternal has named Deepinder Goyal interim head of Zomato’s food delivery business as CEO Rakesh Ranjan prepares to step down ...