Why Zomato’s Intercity Legends didn’t work
It would be an understatement to say that intercity orders, even with inflated prices, can’t justify the costs to actually transport food orders by air.
26 August, 2024•1 min
0
26 August, 2024•1 min
0

More in
Internet
In India’s Lenskart IPO, a success for ADIA
The sovereign wealth fund’s big bet on the Indian eyewear company, Microsoft’s AI win in the Emirates and other updates from the week.
You may also like
Business
Can Meesho’s value-commerce playbook pass the IPO test?
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
Internet
Zepto’s fundraise overshadows Eternal’s quick commerce-driven Q2 growth
The well-timed announcement of Zepto’s $450 million funding on the day of Eternal’s September-quarter results foreshadows what the future holds for India’s quick-commerce landscape.
Internet
Keeta lands in the Emirates with a bang
An impending shake-up of food delivery, HDFC Bank’s foreign troubles and Saudi Arabia’s rent freeze.








