Zomato Competition
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"Committed To Complying" With Competition Law, Say Zomato, Swiggy
Facing a CCI probe for anti-competitive practices, online food delivery platform Zomato has asserted it complies with the country's laws while rival Swiggy said it is committed to complying with local regulations.
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Probe Finds Zomato, Swiggy Breached Antitrust Laws: Report
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show.
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Competition Commission of India Finds Zomato, Swiggy Breached Antitrust Laws, Documents Show
CCI's antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant Association of India about the impact on food outlets of alleged anti-competitive practices of the platforms.
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Domino’s India Said to Consider Shifting Business Away From Zomato, Swiggy Over Rising Commissions
Domino’s Pizza India is said to be considering shifting some of its business away from food delivery services Zomato and Swiggy. Run by India’s largest food services company, Jubiliant FoodWorks, the popular pizza franchise could move some business away from both apps if their commissions rise further. Both Zomato and Swiggy are facing a probe ...
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Facing Unfair Competition From Big Tech, Indian Firms Said to Inform Parliamentary Panel
Domestic tech firms like Paytm, Ola, Make My Trip, Zomato, Swiggy, Flipkart and Oyo attended a meeting with a parliamentary panel on Thursday. Top executives from these firms deposed that they were facing unfair competition from big tech firms. Paytm founder Vijay Shekhar Sharma, Ola CFO Arun Kumar, Make My Trip Chairman and Chief Mentor Deep Kalra...
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Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal and Other Tech Heads to Meet Parliamentary Panel
Top executives of eight domestic tech firms, including Paytm founder Vijay Shekhar Sharma and Oyo founder Ritesh Agarwal, will appear before a key parliamentary panel on Thursday to discuss the market behaviour of technology platforms amid rising anti-competition concerns. BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Stan...
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"All Our Practices In Compliance With Competition Laws": Zomato
Zomato on Tuesday said it is in compliance with competition laws of the country
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Competition Commission's Probe Pushes Zomato Shares To Fall Nearly 3%
Zomato Share: Shares of Zomato fell nearly 3 per cent on Tuesday after the Competition Commission ordered a detailed probe against the food delivery platform for alleged unfair business practices.
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Zomato, Swiggy to Face India Antitrust Probe Into the Apps’ Neutrality
India's antitrust watchdog has ordered an investigation of food delivery companies Zomato and Swiggy over the companies' apps being "neutral" platforms, the Competition Commission of India (CCI) said.
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Competition Commission To Probe Zomato, Swiggy For Alleged Unfair Practices
Competition Commission of India has ordered a detailed probe against food delivery platforms, Zomato and Swiggy, for alleged unfair business practices
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Why Zomato's "Biggest Mistake" This Year Was Holding A Free Dinner Contest
As the year 2021 to a close, food delivery platform and restaurant aggregator Zomato is reflecting upon the "biggest social media mistake" it made this year
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Zomato Set to Acquire About 10 Percent Stake in Grofers, CCI Filing Reveals
Zomato is set to acquire a 9.3 percent stake in online grocery delivery platform Grofers, a filing with the Competition Commission of India (CCI) has revealed. The acquisition would help Zomato enter the market of online grocery delivery platforms that already has Tata Group’s BigBasket and Reliance Industries’ JioMart among the key players.
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Mumbai Officials Say 24-Hour Food Deliveries Allowed, After Zomato CEO Calls Out Swiggy on Twitter
Goyal posted a screenshot showing Zomato competitor Swiggy allowing deliveries past the 8pm curfew. “I see our competition is continuing to operate post 8pm. I urge Mumbai Police to please clarify the way forward here,” he added.
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Zomato CEO Calls Out Swiggy For Night Deliveries. Mumbai Police Clarifies
Zomato CEO Deepinder Goyal called out their competition for delivering food orders after 8 pm in Mumbai. This he took to be in contravention of prohibitory orders issued by Mumbai Police and the government to curb the rise in coronavirus cases.
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Zomato To Raise $150 Million From Ant Financial
Zomato's top shareholder Info Edge (India) Ltd said in a filing on Friday that after the funding its stake will drop to about 25.13 per cent. It had a 26.38 per cent stake, as of March last year. The fund infusion comes as Zomato pushes for a bigger market share in the highly competitive food delivery space in a race with rivals such as Tencent-...
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"Committed To Complying" With Competition Law, Say Zomato, Swiggy
Facing a CCI probe for anti-competitive practices, online food delivery platform Zomato has asserted it complies with the country's laws while rival Swiggy said it is committed to complying with local regulations.
-
Probe Finds Zomato, Swiggy Breached Antitrust Laws: Report
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show.
-
Competition Commission of India Finds Zomato, Swiggy Breached Antitrust Laws, Documents Show
CCI's antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant Association of India about the impact on food outlets of alleged anti-competitive practices of the platforms.
-
Domino’s India Said to Consider Shifting Business Away From Zomato, Swiggy Over Rising Commissions
Domino’s Pizza India is said to be considering shifting some of its business away from food delivery services Zomato and Swiggy. Run by India’s largest food services company, Jubiliant FoodWorks, the popular pizza franchise could move some business away from both apps if their commissions rise further. Both Zomato and Swiggy are facing a probe ...
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Facing Unfair Competition From Big Tech, Indian Firms Said to Inform Parliamentary Panel
Domestic tech firms like Paytm, Ola, Make My Trip, Zomato, Swiggy, Flipkart and Oyo attended a meeting with a parliamentary panel on Thursday. Top executives from these firms deposed that they were facing unfair competition from big tech firms. Paytm founder Vijay Shekhar Sharma, Ola CFO Arun Kumar, Make My Trip Chairman and Chief Mentor Deep Kalra...
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Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal and Other Tech Heads to Meet Parliamentary Panel
Top executives of eight domestic tech firms, including Paytm founder Vijay Shekhar Sharma and Oyo founder Ritesh Agarwal, will appear before a key parliamentary panel on Thursday to discuss the market behaviour of technology platforms amid rising anti-competition concerns. BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Stan...
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"All Our Practices In Compliance With Competition Laws": Zomato
Zomato on Tuesday said it is in compliance with competition laws of the country
-
Competition Commission's Probe Pushes Zomato Shares To Fall Nearly 3%
Zomato Share: Shares of Zomato fell nearly 3 per cent on Tuesday after the Competition Commission ordered a detailed probe against the food delivery platform for alleged unfair business practices.
-
Zomato, Swiggy to Face India Antitrust Probe Into the Apps’ Neutrality
India's antitrust watchdog has ordered an investigation of food delivery companies Zomato and Swiggy over the companies' apps being "neutral" platforms, the Competition Commission of India (CCI) said.
-
Competition Commission To Probe Zomato, Swiggy For Alleged Unfair Practices
Competition Commission of India has ordered a detailed probe against food delivery platforms, Zomato and Swiggy, for alleged unfair business practices
-
Why Zomato's "Biggest Mistake" This Year Was Holding A Free Dinner Contest
As the year 2021 to a close, food delivery platform and restaurant aggregator Zomato is reflecting upon the "biggest social media mistake" it made this year
-
Zomato Set to Acquire About 10 Percent Stake in Grofers, CCI Filing Reveals
Zomato is set to acquire a 9.3 percent stake in online grocery delivery platform Grofers, a filing with the Competition Commission of India (CCI) has revealed. The acquisition would help Zomato enter the market of online grocery delivery platforms that already has Tata Group’s BigBasket and Reliance Industries’ JioMart among the key players.
-
Mumbai Officials Say 24-Hour Food Deliveries Allowed, After Zomato CEO Calls Out Swiggy on Twitter
Goyal posted a screenshot showing Zomato competitor Swiggy allowing deliveries past the 8pm curfew. “I see our competition is continuing to operate post 8pm. I urge Mumbai Police to please clarify the way forward here,” he added.
-
Zomato CEO Calls Out Swiggy For Night Deliveries. Mumbai Police Clarifies
Zomato CEO Deepinder Goyal called out their competition for delivering food orders after 8 pm in Mumbai. This he took to be in contravention of prohibitory orders issued by Mumbai Police and the government to curb the rise in coronavirus cases.
-
Zomato To Raise $150 Million From Ant Financial
Zomato's top shareholder Info Edge (India) Ltd said in a filing on Friday that after the funding its stake will drop to about 25.13 per cent. It had a 26.38 per cent stake, as of March last year. The fund infusion comes as Zomato pushes for a bigger market share in the highly competitive food delivery space in a race with rivals such as Tencent-...
