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Feb 15, 2022 · So what happened to Zomato’s stock on Tuesday? At Rs 75.75, Zomato’s share was down 8 per cent from its issue price. The stock had been falling for four consecutive trading sessions, wiping 20 per cent of its value during this period.
- Pranav Mukul
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Zomato (/ zoʊˈmæˈtoʊ / or / zoʊˈmɑːˈtoʊ /) [ 5 ] is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. [ 6 ] Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in more than ...
Zomato has identified three geographical segments — India, UAE and the rest of the world.; The ‘Rest of the World’ category includes the US, UK, Singapore, Lebanon and others. The company ...
Jan 6, 2024 · Zomato's financial performance has been strong in FY2024, with the food aggregator posting profits for two consecutive quarters. The company reported a net profit of Rs. 36cr in the September ...
May 14, 2024 · In Short. Shares of online food delivery giant Zomato fell sharply on Tuesday even as the company announced strong Q4 results a day ago. Zomato shares fell as much as 6% in early trade, but rebounded to trade 1.63% lower at Rs 190.55 at around 10:45 am. The company reported a consolidated net profit of Rs 175 crore, compared to a loss of Rs 188 ...
- Business
Jun 16, 2023 · In Zomato’s life cycle, radical changes have happened in moments. When Sequoia Capital wanted to set up a meeting with Zomato, its founder was dismissive, not out of arrogance, but as he himself ...
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Feb 12, 2023 · Zomato has ceased operations in 225 smaller cities. Zomato says that the performance of these cities was 'not very encouraging'. The company reported losses of Rs 346.6 crore in its Q3 report. Zomato, during its quarter three financial earnings report, noted that the food delivery tech company's losses have widened further.
