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
Getting your Trinity Audio player ready...
More in Internet
Internet
It’s Getir founders vs Mubadala, once again
The founders of the Turkish company have filed a suit against the Abu Dhabi sovereign fund, proptech Stake has raised new millions and there is a new financial giant in town.
You may also like
Internet
Talabat slows down in December quarter, plans new investments
Delivery Hero-owned food delivery giant is seeing aggressive competition in multiple markets and has unveiled a new spending roadmap.
Internet
Uber’s new buy in Turkey
The American tech company is buying Getir’s delivery operation, a16z invests in a new proptech and Dubai’s real estate can now be traded.
Internet
A changing country: inside India’s instant house help moment
Snabbit, Pronto and Insta Help are pulling in users with speed and low prices. We begin by asking the most basic question: who is this service really for?