Zomato (NSE: ZOMATO) released its much-anticipated financial results for the first quarter of fiscal 2024, ending on June 30, 2023, leaving investors overjoyed. In a historic achievement, the Indian food-delivery giant reported its very first profitable quarter, a milestone...
Before heading to the stock market with an IPO, the homegrown food delivery startup Zomato beefs up its valuation by raising a whopping $250 million as an investment.
According to a regulatory filing by one of Zomato’s earliest investors Info...
Restaurants, one of the worst-hit sectors by COVID-19, saw an overwhelming surge in online food orders on the new year’s eve. All thanks to food delivery platforms Swiggy and Zomato.
On Friday, Deepinder Goyal, Co-founder of Zomato, in a tweet-storm...
The worldwide food delivery market is going through some rapid changes. The Covid-19 outbreak has pushed many dine-in restaurants towards the doorstep delivery business, which is primarily driven by the food delivery apps such as Uber Eats, FoodPanda, etc.
According...
It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the biggest global e-commerce giants Amazon has decided to finally take a dig at it.
In the...
The above graph represents the average number of Grubhub daily orders by year, starting from fiscal 2011 to the recently completed year. The food delivery company received on an average 492,300 orders in a day during 12 months ended...
The above graph represents the number of Grubhub active diners by year, starting from fiscal 2011 to 2019. As of December 31, 2019, the company has served approximately 22.62 million active diners. That's a year-over-year increase of about 4.93...
The above graph represents the Grubhub sales and marketing expenses by year, starting from 2012 to the recently completed year. In 2019, the company spent about 23.5% of its total revenue on sales and marketing activities. With 44.8% YoY...
The above graph represents the total number of Grubhub employees by year, starting from fiscal 2014 to the recently completed year. As of February 14, 2020, the US-based food delivery company has approximately 2,714 full-time equivalent employees, worldwide. That's...
The above graph represented the Grubhub total cash on hand by year, starting from fiscal 2011 to 2019. The cash on hand consists of actual cash, cash equivalents and short-term investments held by the company. As of December 31,...
