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Articles for Grofers, search results for delivery

Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here’s a 5-point analysis
1 month, 1 week ago

Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here’s a 5-point analysis

Live Mint  

Swiggy vs Zomato: After a decent initial public offering, Softbank-backed food delivery giant Swiggy delivered a powerful stock market debut, beating analysts' estimates. Zomato has established itself as the leading player in India's food delivery industry, capturing a market share of 56 per cent-57 per cent in online food orders in FY24. Here are the five key indicators to compare …

Food India Market Delivery Food Delivery Market Share Price
Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal
2 years, 6 months ago

Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal

Live Mint  

Food delivery platform Zomato has agreed to acquire instant grocery startup Blinkit for ₹4,447 crore in an all-stock deal, as it seeks to exploit a fast-growing market for quick grocery delivery. Japan’s SoftBank, the biggest shareholder in Blinkit with a 46% stake, will get around 3.2% stake in Zomato as part of the transaction, as per VCCircle estimates. Other investors …

Business Quick Commerce Deal Zomato Quick Shares Blinkit
Ola launches 10-minute grocery delivery in Mumbai and Bangalore, hits 1,000 orders a day
3 years ago

Ola launches 10-minute grocery delivery in Mumbai and Bangalore, hits 1,000 orders a day

Firstpost  

More recently, Zomato, which entered the segment before its initial public offering, shut it within months although it has a strategic stake in Grofers IPO-bound Ola has taken the plunge into online grocery delivery once again with the launch of its services across Mumbai and Bangalore with almost 15 dark stores, according to sources privy to the development. Moneycontrol was …

Delivery Ola Grocery Grofers
Zomato to Shut its Grocery Delivery Service this Week, Says 'Current Model is not Best'
3 years, 3 months ago

Zomato to Shut its Grocery Delivery Service this Week, Says 'Current Model is not Best'

News 18  

Zomato, the food delivery giant and restaurant aggregation platform, recently announced that it has stopped its grocery delivery services. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021,” the email read, according to PTI. Zomato said that its investment in grocery start-up, Grofers, would generate better results than the efforts in its in-house grocery delivery …

Results Delivery Service Model Pti Zomato Email
Zomato to stop grocery delivery service from September 17
3 years, 3 months ago

Zomato to stop grocery delivery service from September 17

The Hindu  

Online food delivery platform Zomato has decided to stop its grocery delivery service from September 17 mainly on account of gaps in order fulfillment, leading to poor customer experience. Hence, we intend to stop our pilot grocery delivery service effective 17 September, 2021". Earlier Zoamto had said that it had invested USD 100 million for acquiring a minority stake in …

Zomato Grocery Delivery Grofers Delivery Platform Grocery Delivery Service Grocery Partners
Zomato IPO: What the food tech says about growth, sustainability and competition
3 years, 5 months ago

Zomato IPO: What the food tech says about growth, sustainability and competition

Live Mint  

BENGALURU: The much-anticipated domestic public offer of food tech major, Zomato, is here, with the opening of the three-day share sale for retail investors on Wednesday. “Amazon has been in the food delivery space in India for a year now and we haven’t seen any impact on their or our market share. And we believe there is still a large …

Business Food India Space Market Delivery Food Delivery
Grofers Says Lockdown Fears Ahead of PM Modi's Speech Yesterday Drove Huge Surge in User-Created Carts
3 years, 8 months ago

Grofers Says Lockdown Fears Ahead of PM Modi's Speech Yesterday Drove Huge Surge in User-Created Carts

News 18  

Grofers CEO and Co-Founder Albinder Dhindsa has announced that the delivery platform witnessed a massive surge in user created-carts hours before PM Narendra Modi’s address to the nation on Tuesday, April 20 at 8:45 PM. On the other hand, Delhi and Mumbai are under lockdown as the two cities’ health infrastructure are under immense pressure due to a surge in …

Delhi Speech Flipkart Announced Lockdown Grofers Dhindsa Albinder