What is the concept of Zomato?

What is the concept of Zomato?

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.

What is the main objective of Zomato?

Connecting customers to restaurants is Zomato’s main goal. They work to ensure customers have the best experience at any restaurant found on their platform. Developing your Zomato business account and profile is a great way to boost your restaurant’s online reputation.

Who is owner of Zomato?

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

What are the services of Zomato?

Customers use our platform to search and discover restaurants, read and write customer generated reviews and view and upload photos, order food delivery, book a table and make payments while dining-out at restaurants.

Why is Zomato so successful?

Zomato runs on a commission business model. It generates most of its revenue from the commission that it charges the restaurants for every order placed through their app. Furthermore, it also makes decent revenue from advertisements – the “promoted” restaurants that you see at the top of your search results.

Why is it called Zomato?

“We decided to keep the idea of food at the center but choose a name that is timeless and encompassing. We decided on the name Zomato. Zomato’s got a zing to it and is originally a play on the word Tomato.

What is vision and mission of Zomato?

Zomato Mission Statement At the moment, Zomato does not seem to have a formal mission and vision statement, but according to Pankaj Chaddah, co-founder and COO of Zomato, “We want to be the ‘Google’ of food. Our vision is to be the global platform when someone is looking for food locally”.Mar 2, 2017.

What type of business model is Zomato?

The success of Zomato lies in its robust Business Model. Essentially Zomato is an application whose business model encircles the provision of food delivery services, provision of information, user reviews, and menus of partner restaurants.

What is the tagline of Zomato?

We introduced a new “motto” for our customer support team – “every meal matters”. Since then, the customer support team has been very proactive about every single order that goes through Zomato, and our users are loving us even more than before.

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 Zomato in profit or loss?

The firm will invest $400 mn in quick commerce over next two years. Food delivery company Zomato saw its net loss narrow by 81 per cent year-on-year (YoY) to Rs 66 crore in the December quarter (Q3). Meanwhile, its revenue rose 86 per cent YoY to Rs 1,112 crore in Q3.

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.

How can Zomato improve its business?

Zomato also extended its support in enhancing the business models of different cafes, restaurants, etc. through providing consultancy services and an opportunity to advertise and promote their products and services using Zomato’s feature of sharing videos and pictures on its app.

How is Zomato unique?

Zomato provides an option for foodies to follow their friends so that they can know what their friends eat and what they like. They can also discover more from the places nearby. You can enjoy offers and promos as well as no need to wait for your delivery.

Is Zomato a tech company?

Despite operating a traditional food business, Zomato epitomizes a modern tech company. Like DoorDash and SkipTheDishes, it delivers ready-to-eat food to homes without owning farms, food stores, restaurants, warehouses, trucks, or delivery vehicles.