Zomato has quietly removed its 15-minute food delivery service, Quick, from its app after just four months, hinting at a change in its rapid delivery strategy. This follows the shutdown of Zomato ...

Zomato announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Thursday, May 1, and informed it's shareholders that the leading food delivery giant will shut down it's 15-minute ...

Zomato’s share price declined 5.4% to an intra-day low of Rs 220.05 as the company’s net profit declined for the second straight quarter. It plummeted 78% year-on-year to Rs 39 crore in Q4FY25 ...

Eternal Ltd (formerly known as Zomato Ltd) on Thursday said it is shutting down Zomato Quick and Everyday initiatives as it is not seeing them emerge as sustainable models due to lack of demand.

Zomato says it doesn't see a future for ultra-fast food delivery, and cited poor customer experience and limited incremental value as key reasons for shutting down its Quick and Everyday services.

Zomato posted Q4 profit at Rs 39 crore. (Image/Reuters) Eternal Ltd (formerly Zomato) on Thursday released its fiscal fourth quarter earnings report with a profit of Rs 39 crore, plummeting by 77. ...

In contrast, rival Zomato has shut down its 10-minute delivery service, Quick, which was succeeded by Zomato Everyday which has also vanished from the app. In its Q4 FY25 report, Zomato CEO ...

Zomato Q4 Results: In a major setback for Deepinder Goyal-led Zomato, now known as Eternal, the year-on-year (YoY) profits of the food delivery giant plummeted by a stunning 78 percent, dropping ...

Eternal Ltd, formerly Zomato, reported a consolidated net profit of Rs 39 crore for the quarter ending March 31, 2025, a decrease from the previous year's Rs 175 crore. Revenue increased to Rs ...

Food delivery giants, Swiggy and Zomato, are pursuing different strategies for 10-minute delivery as they respond to a sector-wide slowdown and mounting pressure on customer experience and ...

India’s food and delivery giants Swiggy and Eternal (Zomato) are grappling with narrowing margins even as their core restaurant delivery businesses edge closer to break-even. While platforms ...

CEO Deepinder Goyal cites profitability challenges and customer experience concerns as key reasons Citing profitability issues, Eternal (formerly Zomato) has decided to pull the plug on its quick ...