The Delhi High Court has issued notices to food delivery giant Zomato and the Competition Commission of India (CCI) amid an ongoing antitrust investigation. The notices were prompted by a plea from ...

The ruling follows a complaint filed by Lalit Wadher, who accused Zomato of anti competitive practices and abuse of market ...

Despite its strong position, Zomato is not without risks ... If the company maintains its current trajectory, the market could reward it with a higher valuation multiple. However, any misstep ...

Leading the charge was Swiggy's USD 1.34 billion IPO, the largest global tech IPO of 2024, cementing its position as a market leader. Notably, Zomato made history as the first tech company to ...

Compared to Swiggy, BofA finds Zomato better placed due to scale and first mover advantage in Q-com. This led to better unit economics, higher margins, and a stronger cash position, hence a ...

Shares of newly listed food delivery company Zomato gained 22% since its listing on July 23. The company’s market capitalisation has reached ₹1.10 lakh crore as of July 26. While Zomato stock ...

Despite the downgrade, BofA Securities acknowledges Zomato’s advantageous position due to its scale ... indicating that the current market valuations could adjust to reflect the anticipated ...