The food delivery segment has seen some slowdown. The internal reshuffle can be indicative of this slowdown and the measures ...

Stock hits Rs 189 as Rinshul Chandra resigns while Q3 net profit falls 57 per cent despite 65 per cent revenue growth Shares of food delivery major Zomato plunged as much as 9.99 per cent to an ...

Cash burn in quick commerce will continue to hurt Zomato and Swiggy's bottomlines in Q4 as they continue to invest heavily in ...

Zomato CEO Rakesh Ranjan has stepped down as the CEO, according to media reports. Deepinder Goyal will reportedly lead the ...

Zomato Denies Reports of Food Delivery CEO Rakesh Ranjan's Resignation - The parent company of Zomato, Eternal Group , ...

Z omato has reportedly laid off around 600 employees due to a downturn in its food delivery segment and increasing losses from its quick commerce subsidiary, Blinkit. The company is also boosting ...

The March quarter earnings season will be pivotal for new-age tech companies, particularly quick commerce players like Zomato ...

In December 2022, Zomato cut approximately 100 jobs, representing 4% of its workforce, across various departments.

ALSO READ: Zepto’s cash burn zooms to Rs 250 crore a month on rising capex, closes Rs 2,500 crore funding round The findings come after both Swiggy and Zomato had a tough Q3. While the ...