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Zomato acquires Blinkit for $568 million in instant-grocery delivery push
TechCrunch· 2 years agoZomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million...
India's Zomato says most Blinkit stores reopened after wage protests
Reuters via Yahoo Finance· 1 year agoBENGALURU (Reuters) -Indian food delivery firm Zomato Ltd said on Wednesday most stores of its...
Uber exits Zomato investment for over $390 million
TechCrunch· 2 years agoUber’s ride with Zomato has concluded. The ride-hailing firm sold its 7.8% stake in the lossmaking food delivery firm on Wednesday for over $390 million,...
Zomato Makes Takeover Offer for Indian E-Commerce Shipping Startup Shiprocket
Bloomberg via Yahoo Finance· 5 months ago(Bloomberg) -- Zomato Ltd., the publicly traded food delivery company, has made an offer to acquire...
Yet another Zomato co-founder leaves the firm
TechCrunch· 1 year agoZomato said on Monday its co-founder and chief technology officer Gunjan Patidar has left the firm, the latest in a series of departures at the Indian...
Zomato shares up nearly 7% as analysts project bigger order volumes
Reuters via Yahoo News· 2 years agoShares of India's Zomato surged nearly 7% on Wednesday after several analysts projected higher...
Zomato Plunges 11% to Record Low as IPO Lock-Up Period Ends
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Shares of Indian online food-delivery and restaurant platform Zomato Ltd. plunged in...
Zomato: Indian food delivery giant forced into U-turn over ‘pure vegetarian’ green fleet shirts
The Independent via Yahoo News· 2 months agoOne of India’s largest food delivery companies has been forced to reverse its decision to have...
Zomato drops to all-time low as lock-in period ends
TechCrunch· 2 years agoUpdated at 4.15 PM on July 26: Shares of Zomato dropped to as low as 41.25 Indian rupees (52 cents), wiping the company's market cap to $4.11 billion....
India's Zomato sheds nearly $1 billion in valuation over two days after Blinkit deal
Reuters via Yahoo News· 2 years agoShares of India's Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight...