Months after suspending its logistics business ‘Xtreme’ due to poor demand, foodtech major Zomato is now reportedly planning to modify the offering and relaunch it in the market
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Nitin Rathod
Don't Give Up ⤴ • 8m
Xtreme
Zomato planned to relaunch Xtreme with a refined strategy
Just a little over three months after introducing its 15-minute food delivery option, foodtech giant Zomato is discontinuing its ‘Quick’ service.
In a letter to shareholders, Zomato’s parent company, Eternal, also announced plans to wind down its me
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Nishant Aryan
CEO • 1y
Looking for tech guy offering postion of CTO (CO-FOUNDER).
I'm building new compitition for ZOMATO,SWIGGY.
I got my USP.
Who are interested & have a vast experience/knowledge of tech can join my team.
I promise, my Idea will change the FOODTECH i
o, this looks really cool, right?
The Quick Commerce Boom!
- 10-minute deliveries.
- 24x growth in 3 years.
- Dark stores popping up everywhere.
But.....
This is the other side which we need to TALK!
- Returns Are Bleeding Margins
- 30-35% of fas
Zomato & Swiggy just got a “RAPID” competitor. And it’s not who you’d expect.”
Rapido — the bike taxi giant — is now entering food delivery and they’re not just testing the waters…They’re diving in with a zero-commission model.
Yes, ZERO.
While re
Unique Startup Stories (17/20)
Box8 is a foodtech startup that delivers food to employees and students in convenient boxes.
ABOUT IT
• It was founded in 2012 in benguluru by Amit Raj and Anshul Gupta
OFFERING
• It is a foodtech startup which owns
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0 replies9 likes
Amit Kumar
Make it work, make i... • 10m
Zomato Block Deal: Antfin Singapore To Offload Shares Worth $408 Mn.
Amid Zomato’s bull run on the bourses, Ant Group’s arm Antfin Singapore is reportedly looking to sell the foodtech giant’s shares worth $408 Mn (INR 3,422.84 Cr).
As per a report
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Wild Kira
/Internet_ • 8m
Why ShopClues Failed?
Authenticity Issues: ShopClues aimed to provide urban products to rural & suburban customers, but complaints about counterfeit items damaged trust & hurt the brand’s reputation, undermining their good intentions.
Quality Conce