Zomato Delisted 19,000 Restaurants In Q4 FY25

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SUMMARY

Deepinder Goyal said concerns over hygiene standards, mimicking more established brands, and operating multiple identical menu listings were the reasons for the delistings

The company said that the delisting will impact order volumes, but it was the right thing to do for the long term

Zomato reported an adjusted revenue of INR 2,409 Cr in Q4 FY25, an increase of marking a 17.5% year-on-year increase and a slight dip from the INR 2,413 Cr in the preceding

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Zomato Delisted 19,000 Restaurants In Q4 FY25


SUMMARY

Deepinder Goyal said concerns over hygiene standards, mimicking more established brands, and operating multiple identical menu listings were the reasons for the delistings

The company said that the delisting will impact order volumes, but it was the right thing to do for the long term

Zomato reported an adjusted revenue of INR 2,409 Cr in Q4 FY25, an increase of marking a 17.5% year-on-year increase and a slight dip from the INR 2,413 Cr in the preceding

Eternal’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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