Orders At Zomato, Swiggy Falling 5-6% A Month After Platforms Raised Prices: Report
Zomato and Swiggy might have eliminated competition from the food delivery space, but now they might have to deal with possibly their biggest…
Category: Startups
As Zomato Buys Uber Eats, Amazon Has Begun Testing Its Food Delivery Service In India
After Zomato acquired Uber Eats last week, both Zomato and Swiggy would’ve heaved a sigh of relief — instead of three players trying…
Tesla Is Now Worth $100 Billion, More Than Ford And General Motors Combined
Disruption can take a while to arrive, but when it does, it arrives with a bang. After a surge in its stock price, Tesla…
UberEats Will Help Us Access Southern Market, Orders Will Rise 25%: Zomato CEO Deepinder Goyal
Zomato CEO Deepinder Goyal is upbeat about his company’s recent acquisition of Uber Eats, in which it bought India’s third largest food tech…
PhonePe Introduces A Service Called PhonePe ATM That Allows Users To Withdraw Cash From Neighbourhood Shops
UPI services have already taken away significant market share from debit cards and credit cards for online and offline transactions. Now they seem to…
Uber’s Stock Rises 7% After Uber Eats’ Sale To Zomato, Uber Analysts Say It’s End Of A Dark Chapter In India
Uber might have bowed out of food delivery in one of its largest markets, but the company’s shareholders seem to have celebrated the…
I’m Putting Nearly All My Flipkart Money Into Navi Technologies: Sachin Bansal
Sachin Bansal had changed India’s e-commerce space with Flipkart. Now he seems to want to change India’s financial services sector — and he’s…
Zomato Acquires Uber Eats India For Rs. 2500 Crore
And then there were two. Zomato has acquired Uber Eats India for $350 million (Rs. 2500 crore) in an all-stock deal. In return,…
Ikea Launches Online Store In Pune, Now Delivers Online In Three Indian Cities
Ikea might have only set up one of its signature stores since launching in India in 2018, but it’s reaching out in other…