Is Zomato a Chinese company?

Is Zomato a Chinese company?

Zomato (/zoʊmɑːtoʊ/) is an Indian multinational restaurant aggregator and food delivery company founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities.

Who is Zomato owned by?

Mumbai: Deepinder Goyal, founder and CEO of Zomato, took to Twitter on Tuesday after the company’s new 10-minute good delivery service Zomato Instant was widely criticised on social media.

What countries is Zomato in?

Zomato has identified three geographical segments — India, UAE and the rest of the world. The ‘Rest of the World’ category includes the US, UK, Singapore, Lebanon and others. The company has decided to focus on India as it is its biggest market and UAE, which is profitable.

Does Zomato work in USA?

From swanky upscale restaurants to the cosiest hidden gems serving the most incredible food, Zomato covers it all. Explore menus, and millions of restaurant photos and reviews from users just like you, to find your next great meal.

Is Swiggy owned by China?

Swiggy is an Indian online food ordering and delivery platform. Founded in July 2014, Swiggy is based in Bangalore, and operates in 500 Indian cities, as of September 2021.

Is Zomato funded by China?

Zomato in October 2018 had raised $210 million from Alibaba’s payment affiliate Ant Financial Services, Alipay Singapore Holdings Pte Ltd. In this investment round, Ant Financial Services had received ownership of a stake of over 14.7% in Zomato.

Who is CEO of Zomato?

deepinder goyal: Zomato CEO Deepinder Goyal says company won’t make any new minority investments – The Economic Times.

Why Zomato is in loss?

The increase in fuel prices does increase Zomato’s delivery cost. “One could say that part of our progress on improving contribution margin is getting pulled back because of fuel price increase, as we haven’t yet fully passed on the incremental cost to customers,” said Deepinder Goyal.

How do Zomato make money?

Food Delivery Zomato first charges a commission to restaurants based on orders through its food supply company. While users pay a delivery fee, Zomato earns a commission for every delivery from restaurants which is subsequently divided between the supplier and the business.