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Tag: Zomato

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ZOMATO supports ShiproCket's public before $ 289 million

SHIPROCKET was founded in 2012 to provide transportation services directly for consumer brands and online sellers.

Zomato shares fall 8% after third-quarter profit falls

Zomato's share price subsequently recovered, closing down 3.14% to around $2.7.

Zomato profits drop 57% as Blinkit expands

Zomato expects Blinkit to post losses in one to two quarters due to rapid expansion.

Zomato invests $57.7 million in Blinkit in rapid commerce competition

The funding comes after Zomato raised around $980.9 million two months ago.

Zomato shares fall 4.49% on competition concerns

Brokerage firm Jefferies downgraded Zomato citing fierce competition in the fast commerce space.

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