News Summary: Restaurant association files petition accusing food delivery companies of allowing illegal eateries to flourish Seeking FIRs against officials of platforms like Zomato and Swiggy, the petition accused them of turning a blind eye. Sarvesh MathiMarch 23, 2022
News Lok Sabha MP Karti Chidambaram demands stringent gig economy regulation in Parliament citing lack of worker protection Lok Sabha MP Karti Chidambaram reacted by calling the move absurd and dangerous while demanding stringent regulations. MitakshMarch 22, 2022
News TLDR: Blinkit likely to merge with Zomato, Facebook charges less for BJP’s ads, Noida cops warn of ‘Kashmir Files’ cyber fraud, and more Zomato and Blinkit to merge in a share-swap deal Zomato and Blinkit, previously Grofers, have signed a term sheet as a prelude to a... Pallavi GuptaMarch 16, 2022
News tl;dr TikTok tries to allay US data concerns, Twitter expands into social commerce, Zomato looks to lend Blinkit a hand, and more TikTok nears Oracle deal in bid to allay US data concerns TikTok is close to an agreement with Oracle Corp to store its US... Pallavi GuptaMarch 11, 2022
News Zomato continues investment spree by picking up stakes in AdOnMo and UrbanPiper, announces plans to float an NBFC subsidiary The food delivery giant has earmarked $1 billion for investments, a sizeable chunk of which is reserved for quick commerce. MitakshJanuary 31, 2022
News Zomato shuts down South African subsidiary to continue its focus on the Indian market Zomato SA's contribution was reportedly nil and its closure leaves just one international unit still standing. MitakshJanuary 17, 2022
News Holiday Digest: 6 Tech Policy Developments To Catch Up On Why the RBI is worried about stablecoins, what's the latest with Tumblr, and more. Sarvesh MathiJanuary 3, 2022
News Restaurant owners looking for investors can now use Zomato Wings to find them Urging investors to sign up, Zomato said it will refrain from making any deals of its own in a bid to avoid regulator scrutiny. Sarvesh MathiNovember 30, 2021
News Zomato looks to bet big money on startups, especially ones with a quick commerce focus Zomato has been on a clean-up drive over the past few months to focus on its core food-related businesses. MitakshNovember 15, 2021
News Zomato to withdraw from Lebanon months after going public in India Zomato has embarked on a cleanup drive as it looks to plug the losses dragging down its balance sheet. MitakshNovember 1, 2021