Zomato
Food
Affluent Indians lead food delivery market recovery: Zomato CEO
IANS -
In a sign that Indians are now no more afraid of ordering food despite a surge in caseloads, Zomato on Wednesday revealed that the food delivery sector has recovered to (and even grown beyond) pre-COVID levels in a number...
Food
Zomato raises US$ 150 mn from existing investor Ant Financial, to file for IPO in first half of 2021
Online restaurant guide and food ordering platform Zomato on Friday said it has raised US$ 150 million (over Rs 1,065 crore) from existing investor Ant Financial as part of a larger funding round.
According to a regulatory filing by Info...
Retail
The Flip Side: How COVID-19 has accelerated the adoption of technology in retail
The COVID-19 pandemic is reshaping the global business environment and the crisis is estimated to hit the world economy beyond any analyst’s imagination. UN anticipates that the crisis will result in a $1 trillion hit to the global economy...
Food
Restaurants reimagining operations to mitigate COVID-19 impact, says Zomato report
The COVID-19 pandemic has had a massive impact on the restaurant industry but despite the tough macroeconomic environment, the restaurants are reimagining their operations rapidly to accommodate new social engagement constructs, according to a report by food ordering platform...
Food
Del Monte witnesses 2-fold jump in sales of sauces, pasta during lockdown
FieldFresh Foods, which sells Del Monte brand of premium packaged food and juices, has witnessed a sharp increase of 80-200 percent in sales of products like pasta, olive oil, sauces, as home cooking and baking activities went up during...
Retail
Direct to Consumer emerges as an alternate sustainable retail strategy post-COVID-19
The recent lockdown sprees have compelled the brands to look at alternative ways to provide consumers the products they need. Therefore, many brands are offering direct-to-consumer (DTC) home delivery services for the first time amid the COVID-19 lockdown. Brands...
Food
Restaurants reinvent themselves in keeping with corona times
"One cannot think well, love well, sleep well, if one has not dined well," wrote Virginia Woolf in another time and another context. Decades later, as COVID-19 continues its spread, the words echo the wistful longing of those itching...
Retail
COVID-19 Impact: Retailers focus on digital platform
It is said that the change is only constant and more often than not inevitable for those who want to remain relevant. For the world of business this paraphrase has been more evident and tangibly felt in last couple...
Food
ITC Hotels in dining outreach across India with Zomato partnership
IANS -
In keeping with ITC Hotels' commitment towards enhancing gourmet experiences, the chain on Monday announced its partnership with Zomato, India's leading food delivery platform, to offer customers responsible dining experiences in the comfort of their home.
Zomato, as an online...
Food
Cross Border Kitchens plans to expand to 5 kitchen locations with 13 unique brands by the end of Q2 2020
Cross Border Kitchens (CBK) - a multi-brand, multi-vertical food-tech company, has registered Rs 3.33 crore in revenue in FY19. The company has also witnessed a 12 percent hike in cart value and recorded a 20-25 percent increase in order conversions...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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