Zomato (Eternal) News and Updates

[Shiv Verma]

Zomato said it is planning to lay off around 3 per cent of its total workforce to cut costs and turn profitable.

Zomato plans to lay off 3% of its workforce - Times of India

https://twitter.com/x/status/1594385080964698112

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[Bapun]

This is unbelievable!

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[Shiv Verma]

This is unbelievable!

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Now Zomato should provide a free medical checkup to the winners .

 

[iDJ]

Zomato, during its quarter three financial earnings report, noted that the food delivery tech company's losses have widened further. The company also announced that it has ceased operations in 225 smaller cities as the performance of these cities was 'not very encouraging'. The company reported losses of Rs 346.6 crore for the quarter that ended in December due to the reduction in food delivery business.

"The current slowdown in demand was unexpected, which is impacting the growth in food delivery profits. But despite that, we think we are in a good position to meet our profitability goal," the company said in its Q3 report.

Zomato exits 225 cities, reports losses of Rs 346 crore: All details here

Food delivery tech giant Zomato has pulled its operations out of 225 cities after reporting losses in its latest financial report. The company reported losses of Rs 346.6 crore for the quarter that ended in December due to slowdown in food delivery business.

www.indiatoday.in

 

[Bapun]

https://twitter.com/x/status/1625425559881940992

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[Siva]

Zomato had also implemented Live activities on their iOS app.

 

[Bapun]

https://twitter.com/x/status/1688075949093392384

 

[Siddarth27]

https://twitter.com/x/status/1741805384845975622

 

[Esmail]

Zomato has launched a pure veg fleet to deliver orders only from pure veg restaurants.

Zomato launches 'Pure Veg Mode, Pure Veg Fleet', CEO steps out for delivery

Zomato has launched a ‘pure veg mode’ and a ‘pure veg fleet’ for customers who have a 100 per cent vegetarian dietary preference.

www.indiatoday.in

 

[iDJ]

This kills the whole purpose.

https://twitter.com/x/status/1770290326810280128