Zomato Ltd - 543320 - Zomato General Update
General Update29-08-2022
Zomato integrates grocery delivery via Blinkit on main app in pilot test
The pilot test is currently being organised at select circles in Delhi-NCR, and after analysing the response, it will be expanded to other cities as well, according to company sources.27-08-2022
Sequoia Capital cuts Zomato holding to 4.4%, sells 172 mn shares
Sequoia Capital India Investments IV also received 45,153,346 incremental equity shares on August 10 owing to the acquisition of quick-commerce delivery platform Blinkit26-08-2022
Zomato Ltd - 543320 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sequoia Capital India Growth Investment Holdings I and SCI Growth Investments II & Sequoia Capital India Investments IV26-08-2022
Restaurants jackup prices on Swiggy, Zomato by an average 10%, citing costs
An estimated 80% of the restaurants in the survey followed differential pricing that was higher for online orders26-08-2022
Zomato discontinues premium membership, aims to craft a new programme
The development comes at a time when Zomato acquired quick commerce company Blinkit on June 29 for Rs 4,447 crore in an all-stock deal23-08-2022
Zomato Ltd - 543320 - Disclosures under Reg. 29(1) / 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) / 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for FMR LLC & FIL Ltd22-08-2022
Nomura sees 19% downside in Zomato, initiates coverage with 'reduce' rating
Nomura set the target price at Rs 50, following which the stock fell more than a percent in the morning to trade at Rs 60.75 on BSE22-08-2022
Zomato-owned quick commerce firm Blinkit pilots print out service
Blinkit is charging an amount of Rs 9 per page for black and white printing and Rs 19 for coloured, according to media reports18-08-2022
Shiprocket raises funds, joins unicorn club
Zomato-backed logistics platform Shiprocket became the latest entrant into the coveted unicorn club after raising 260 crore (around $33 million) from existing investors Temasek Holdings and Lightrock India.17-08-2022