Zomato on Thursday announced that they will launch ‘Zomato Everyday’ in the coming few weeks. The new launch is more like a remodeling of their instant delivery business, the company said in their Q3 statement.
The focus of the instant delivery business is to reach customers much early than the normal/average delivery time. The co said that they remain focused on offering home-style cooked meals at affordable prices.
Zomato said, “We believe that this is a large opportunity in a market like India and is relatively untapped currently. We plan to launch this soon in the next few weeks.”
In Q3, the co’s consolidated loss widened at Rs 347 crore against Rs 250 crore in the previous quarter and Rs 63 crore a year ago. The co’s revenue from operations came in at Rs 1,948 crore for the quarter ended December 2022 against Rs 1,661 crore in the previous quarter.
