Signalling a strategic shift away from its wildly popular food delivery business, Zomato announced its parent company name changed to Eternal Ltd. on Friday. Confirming the development to Mint ...
The link opened to an official announcement PDF that read, “When we acquired Blinkit, we started using “Eternal” (instead of Zomato) internally to distinguish between the company and the brand/app. We ...
Shares of Swiggy have faced setbacks, declining 13% since Zomato's Q3 results and 32% from its peak. In terms of valuation, Swiggy is currently at a 50% discount, compared to Zomato, down from a 35% ...
The Gurugram-based company, which joined India’s benchmark index, BSE Sensex, in December, said on Thursday the name change would better reflect its expanding business portfolio, which includes ...
The festive season came as a downer for Zomato and Swiggy. Their share prices fell by 25-30% from December 15 onwards as broader consumer demand slowed. The two stocks underperformed the Nifty 50 ...
Zoya Akhtar reacted to the post, saying, “Yes the universe is speaking to me.” The post caught the attention of prominent Instagram accounts, including those of Google-owned YouTube, Netflix and ...
The entry of Zomato and Swiggy into the 10-minute food delivery segment has sparked concerns among restaurant partners, who fear private labelling by the food aggregators. The issue took centre stage ...
The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of abusing their dominant market positions The National Restaurant Association ...
New-age technology favourite Zomato Ltd., which more than doubled in 2024, has nosedived 22 per cent since the start of the year with a push from disappointing results. Real estate star Oberoi Realty ...
Restaurants are planning to challenge food delivery giants Zomato and Swiggy by partnering with the government-backed ONDC to launch private label food and regain control over their digital ...