We are almost there ...
What Zomato’s results make loud and clear: food delivery in India has hit a wall
The quick commerce euphoria has done well to mask the grim reality of the food delivery business, once billed as Zomato’s core value proposition.
15 May, 2024•10 min
0
15 May, 2024•10 min
0
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
SUBSCRIBE
Already have an account? Sign In
More in Internet
Internet
BluSmart’s CEO, top executives exit amid a financial crisis
The electric ride-hailing company, propped up by the listed Gensol Engineering, has been left reeling after the crisis at its benefactor. A fire sale of assets could be its only ticket to survival.
You may also like
Internet
Is Swiggy Instamart’s expansion to 100 cities a high-risk bet?
With its rivals present in just about 50 cities each, Swiggy Instamart could be looking at a first-mover advantage—or a dud.
Business
Chaayos takes slow, careful sips to profitability
The New Delhi-based tea cafe chain’s measured approach to growth is finally yielding results, with the company claiming to become profitable in the upcoming fiscal.
Internet
Why quick delivery of medicines will be difficult to scale
Quick-commerce apps are likely to run into regulations and poor order volumes as they try to grow this business.