Zomato to move to multiple CEO structure under larger organisation Eternal
2 years, 4 months ago

Zomato to move to multiple CEO structure under larger organisation Eternal

Live Mint  

Online food delivery aggregator Zomato is moving to a multiple CEO structure for its businesses that will be housed under a larger organisation called Eternal. “We are transitioning from a company where I was the CEO to a place where we will have multiple CEOs running each of our businesses, all acting as peers to each other, and working as a super team with each other towards building a single large and seamless organisation,” Deepinder Goyal, CEO and MD of Zomato, wrote on the company’s slack channel last week after shareholders‘ approved its acquisition of Blinkit. Goyal, in a company blog in November last year, had said that Zomato was setting aside a war chest of $1 billion to invest in multiple startups over the next two years. In the past few weeks, Zomato’s stock has come under massive selling pressure as the one-year lock-in period for internal investors holding around 613 crore shares, or 78% of Zomato’s shares, ended on Saturday.

History of this topic

Zomato shares to be in focus today. Here's why
1 day, 12 hours ago
Zomato share price falls over 3% after inclusion in Sensex
Trending News
2 days, 7 hours ago
Zomato upends tradition with Sensex entry
2 days, 11 hours ago
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1 week, 3 days ago
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2 weeks, 2 days ago
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2 weeks, 5 days ago
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3 weeks, 3 days ago
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3 weeks, 4 days ago
Zomato Share Price Today on 27-11-2024: Zomato share price are up by 2.45%, Nifty up by 0.02%
3 weeks, 6 days ago
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3 weeks, 6 days ago
Zomato CEO Deepinder Goyal Waives Off His Rs 3.5 Crore Salary For 2 More Years
4 weeks ago
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4 weeks ago
Zomato Share Price Today on 26-11-2024: Zomato share price are up by 0.8%, Nifty up by 0%
4 weeks ago
Zomato CEO Deepinder Goyal forgoes Rs 3.5 crore salary till FY26
4 weeks ago
Zomato Share Price Today on 25-11-2024: Zomato share price are up by 6.7%, Nifty up by 1.81%
4 weeks, 1 day ago
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4 weeks, 1 day ago
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4 weeks, 1 day ago
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4 weeks, 1 day ago
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1 month ago
Want to be chief of staff at India’s Zomato? CEO says forget salary, pay $23,700 fee
1 month ago
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1 month ago
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1 month ago
Zomato eyes 30 per cent annual growth in food delivery business in next 5 years: Report
1 month ago
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1 month ago
Zomato Share Price Today on 13-11-2024: Zomato share price are down by -0.94%, Nifty down by -1.36%
1 month, 1 week ago
Swiggy or Zomato: Which stock will deliver better returns to investors?
1 month, 1 week ago
'You and I…': Zomato welcomes Swiggy on Dalal Street after stock market listing
1 month, 1 week ago
Zomato Share Price Today on 12-11-2024: Zomato share price are up by 0.97%, Nifty down by -1.07%
1 month, 1 week ago
Zomato Share Price Today on 11-11-2024: Zomato share price are up by 3.77%, Nifty down by -0.03%
1 month, 1 week ago
Deepinder Goyal asks Bengaluru man to apply for job after reading his suggestions for Zomato
1 month, 1 week ago
India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
1 month, 2 weeks ago
Zomato Share Price Today on 07-11-2024: Zomato share price are up by 0.08%, Nifty down by -1.16%
1 month, 2 weeks ago
Zomato Share Price Today on 06-11-2024: Zomato share price are up by 5.29%, Nifty up by 1.12%
1 month, 2 weeks ago
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1 month, 2 weeks ago
Zomato's Stock Recovers After Volatility, but Analysts Remain Cautious
2 months ago
Zomato Q2 Results Preview: Strong Revenue and Profit Outlook
Trending News
2 months ago
Multibagger Stock: Zomato Rises 4% To Hit All-Time High; Share Zooms 186% In One Year
3 months, 1 week ago
Zomato share are up by 2.1%, Nifty down by -0.96%
3 months, 2 weeks ago
Zomato Surges 8% After JPMorgan Hikes Target Price; Check Details
3 months, 2 weeks ago
Antfin to sell shares in Zomato worth Rs 3,400 cr
4 months ago
Zomato stock price up 112% in 2024; should investors buy now?
4 months, 2 weeks ago
Zomato collected ₹83 crore in platform fee from customers till March
4 months, 2 weeks ago
Zomato Shares Zooms Over 12%, Hit 52-Week High After Reporting Significant Profit Jump
4 months, 3 weeks ago
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4 months, 3 weeks ago
Zomato Q1 results: Zomato net profit up 126 times to ₹253 crore in April-June quarter; revenue rises 74%
4 months, 3 weeks ago
Zomato Q1 Result: Food Delivery Platform's Net Profit Surges To Rs 253 Crore
4 months, 3 weeks ago
Zomato Q1 results: Profit jumps to ₹253 crore; revenue soars 74% YoY
4 months, 3 weeks ago
Goyal’s Zomato Shares Surge: A Look at the Rise of a Food Tech Giant
5 months, 1 week ago
Zomato Q4 results today: Expect net profit to rise 58% to ₹218 crore, revenue growth seen at 6% QoQ
7 months, 1 week ago
Zomato hikes platform fee for customers by 25%: How costly will your orders be?
8 months ago

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