Tag: Zomato
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Zomato Downsizing? Ex-Worker Says 300+ Employees Let Go Unfairly
A recent Reddit post by an Ex-Zomato employee has attracted several eyes. He posted something which is really a sad reality, and silently growing in the market. In his post, he said that Zomato has recently fired over 300 workers without prior notice or information. As soon he posted this post went viral. This post ... -
Zomato Founder Deepinder Goyal Launches Aviation Startup LAT Aerospace
Deepinder Goyal, founder of Zomato, and former COO Surobhi Das, have come together to start LAT Aerospace, which is an aviation startup that will be working to manufacture ultra low-cost STOL (Short Takeoff and Landing) aircraft of capacities ranging between 12 to 24 seats to enhance regional connectivity for the people of India. The investment ... -
Zomato Changes Name to ‘Eternal’ and Unveils New Logo
Zomato, an Indian food and grocery delivery network, announced on Thursday that it will rename itself “Eternal” and debut a new logo. In a letter to shareholders, founder Deepinder Goyal said, “When we acquired Blinkit, we started using “Eternal” [instead of Zomato] internally to distinguish between the company and the brand/app. We also thought that ... -
Zomato Increases Platform Fee to Rs 10 Amid Festive Rush
Are you planning to order sweets , food, and gifts for your loved once on Diwali by placing an order on Zomato? If yes, then there is an update for you. Ordering from Zomato will cost you a bit more this Diwali as the company has increased its platform fee from Rs 7 to Rs ... -
Zomato Shares Jumps 8% After ONDC Discounts Revision
ONDC is considered as a threat to Zomato & Swiggy like companies as it directly connects customers & restaurants. But recently it announced an incentive revision. Today’s trading on the BSE witnessed a nearly 8% increase in the price of Zomato shares following reports of the modification of discounts at the Open Network for Digital ... -
Zomato Share Price Hit A Record Low Of ₹46 (14% Drop). But Why?
Zomato shares dropped its all-time low of ₹46 today. But why did this happen? And what is this lock-in period, which ended on 23rd July? Let’s reveal the things! Zomato Shares: This Monday, July 25, Zomato’s stock dropped by roughly 14% to an all-time bottom of ₹46. In fact, there has been a significant sell-off ... -
Zomato will no longer charge commission for takeaway service from partner restaurants
Zomato will no longer charge commission for takeaway service: On Wednesday, the food delivery company, Zomato decided that it would no longer charge commission for its takeaway service from its partner restaurants. The company took the decision to help restaurants ramp up their sales and recover faster from the ongoing financial crisis brought upon by ...