wordpress blog stats
Connect with us

Hi, what are you looking for?

Zomato Expands to Philippines; Dubai Operations Break Even & Future Expansion Plans

After raising Rs 55 cr investment from Info Edge last month, online restaurants and events guide, Zomato has now expanded to South East Asia by opening up a restaurant section for Metro Manila. The company said that it will offer restaurants for Quezon, Manila, Makati, Mandaluyong, Paranaque, Pasay, Pasig, Pateros, San Juan, and Taguig regions on its web and mobile apps (iOS, Android, Windows and BlackBerry). With this launch, Zomato is now present in six countries including India, Sri Lanka, United Kingdom, UAE, Qatar and Philippines. Why Philippines: Talking to Medianama, Zomato CEO Deepinder Goyal said that the choice for their next market launch was between Philippines and Bangkok. However, they found Philippines to be a bigger market and since Zomato is currently available only in English, they decided to go with Philippines. However, Goyal said that they are planning to launch a Thai version of the site shortly, following which they plan to launch the site in Bangkok. He also added that they are planning to launch a Portuguese and Spanish version of the site in the future. When asked about competition in Philippines, Goyal mentioned that few websites have just started up in that region and they are currently in talks with these players to see if they can work together, but he does not believe them to be much of a competition to Zomato. Contribution of Foreign Operations to Revenue: As of now, Zomato is present in 13 cities in India and five countries besides India. Goyal said that it is still early days to say anything about…

Please subscribe/login to read the full story.
Written By

Free Reads

News

As per a report, Apple has been testing its own large language model (LLM) since last year but its technology remains behind the AI...

News

Telecom companies are against a regulatory sandbox, as they think information revealed by businesses during the sandboxing process might be confidential should be out...

News

According to a statement, the executive body of the European Union had also sought internal documents on the risk assessments and mitigation measures for...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ