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Friday, September 29, 2023
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Tag: Zomato

Indian foodtech unicorn Zomato shuts down South African operations

January 17, 2022January 18, 2022

SOUTH AFRICA – Indian food delivery startup Zomato has completed the processes of deregistering its South Africa subsidiary. According to…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions 

Zomato to invest US$1B over the next 2 years to accelerate growth of Indian startups

November 11, 2021November 11, 2021

INDIA – Indian multinational food delivery company, Zomato has announced plans to invest US$1 billion over the next two years…

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Food service, Retail, E-commerce Investments & Funding News LATEST NEWS WORLD NEWS 

Kroger partners Instacart to launch 30-minute delivery service as Zomato shutters grocery delivery service

September 17, 2021September 17, 2021

US –  American retail company Kroger is teaming up with Instacart on a new delivery service that can get grocery items to customers in as little as…

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Food service, Retail, E-commerce LATEST NEWS WORLD NEWS 

Zomato continues portfolio cleanup post-IPO, shuts down UK, Singapore businesses

September 7, 2021September 7, 2021

INDIA – Indian multinational restaurant aggregator and food delivery company Zomato has closed two of its overseas subsidiaries – Zomato…

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Food service, Retail, E-commerce LATEST NEWS Sustainability WORLD NEWS 

Zomato’s quarterly losses widen despite 22% jump in operational revenue

August 12, 2021August 12, 2021

INDIA – Indian multination food delivery company Zomato has seen its net losses jump 168% from the previous quarter to Rs…

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Financials & Economy Food service, Retail, E-commerce LATEST NEWS WORLD NEWS 

Zomato becomes first Indian unicorn to go public raising US$1.26B in successful IPO

July 26, 2021July 26, 2021

INDIA – Food delivery start-up Zomato has become the first Indian unicorn to go public, successfully raising over US$1.26 billion in…

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Food service, Retail, E-commerce Investments & Funding News LATEST NEWS WORLD NEWS 

Zomato eyes 10% stake in e-grocery startup Grofers to counter rising competition from rivals Swiggy and BigBasket

July 2, 2021July 2, 2021

INDIA – India multinational food delivery company Zomato is angling for a 10% stake in Indian e-grocey startup Grofers to stave-off competition from…

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Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Zomato files for $1.11bn IPO as food delivery surges in pandemic

April 28, 2021April 28, 2021

INDIA – India food delivery platform Zomato has filed for a US$1.11 billion IPO as food delivery surges in India…

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Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Zomato expands meal delivery in India amid surging covid-19 cases, appoints 4 women to board

April 27, 2021April 27, 2021

INDIA – Food delivery platform, Zomato has expanded the offering of its meal delivery service to include home-style mini-menus to…

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Food service, Retail, E-commerce LATEST NEWS WORLD NEWS 

Zomato raises US$250 million in new funding round even as it re-evelutes its office catering business

March 2, 2021March 2, 2021

INDIA – Indian food delivery startup Zomato has raised US$250 million, two months after closing a US$660 million Series J…

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Food service, Retail, E-commerce LATEST NEWS Mergers & Acquisitions WORLD NEWS 

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  • Honor pledge to support local sugar industry, South African cane growers tell government
  • Boon for tea farmers as tea agency announces US$298M bonus payout
  • EABL achieves remarkable 55% reduction in carbon emissions through renewable energy investments
  • Ireland Strengthens ties with Nigeria as it launches Spirit of Ireland Campaign
  • ECOWAS allocates US$78M to boost poultry, aquaculture training for Nigerian youths

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