{
}
Grab's acquisition of Cambodian firm Nham24 highlights the potential of Cambodia's tech market, which has been largely overlooked in Southeast Asia's digital economy. This move signals Grab's intent to dominate a nascent market with low saturation, suggesting significant growth opportunities ahead. As the region evolves, Cambodia may emerge as a key player rather than an afterthought.
Zomato has received approval from the Ministry of Corporate Affairs to change its name to Eternal Limited, effective March 20, 2025. The company confirmed that its Memorandum and Articles of Association will be updated to reflect this change.
Zomato has officially rebranded to Eternal Limited, effective March 20, 2025, following approval from the Ministry of Corporate Affairs. This change comes after a special resolution by shareholders and marks the company's second name change since its founding as Foodiebay in 2008. The rebranding reflects a strategic shift as the quick commerce division, Blinkit, becomes increasingly significant.
Swiggy has launched 'Assure,' a B2B platform designed for restaurants, hotels, and caterers to source kitchen supplies, including fresh ingredients and canned goods. The platform, available through the Assure and Resto Assure apps, competes with Zomato’s Hyperpure and utilizes Scootsy Logistics for deliveries and pricing management. This launch comes as Swiggy faces financial challenges in its quick commerce division, Instamart, while continuing to expand its service offerings.
Swiggy has launched a B2B platform named 'Assure' to compete with Zomato's Hyperpure, allowing hotels, restaurants, and caterers to source fresh ingredients directly through a dedicated app. This initiative comes amid a slowdown in the food delivery sector, as Swiggy's Instamart faces significant losses despite a revenue increase. The company is also expanding its offerings with new apps for quick food delivery and exploring additional services to boost revenue.
GoTo has sold Tokopedia to TikTok, while other major e-commerce players like Shopee and Lazada remain in Indonesia. Grab is pursuing a merger with GoTo, which could streamline operations but may face regulatory scrutiny due to potential market monopoly concerns. Retaining the Gojek brand could enhance local appeal amid competition.
Rapido is currently in discussions to enter the food delivery market, aiming to compete with established players like Swiggy and Zomato. This move marks a significant expansion for the company, which is known for its bike taxi services, into a new and competitive sector.
Zomato is facing an insolvency petition from Nona Lifestyle, a B2B apparel manufacturer, over unpaid dues of 1.64 crore rupees (approximately $188,933) for uniforms and merchandise, including ICC World Cup 2023 jerseys. The National Company Law Tribunal has scheduled a hearing for April 3. Zomato denies the allegations, claiming Nona Lifestyle missed delivery deadlines, leading to penalties and adjustments in payments.
Zomato is facing an insolvency plea due to alleged unpaid dues amounting to Rs 1.64 crore. This legal challenge highlights ongoing financial issues within the company, raising concerns about its operational stability and future prospects.
Zomato is facing an insolvency plea due to alleged unpaid dues amounting to Rs 1.64 crore. This legal challenge highlights ongoing financial issues within the company, raising concerns about its operational stability and future prospects.
Zomato Limited
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Grab's acquisition of Nham24 highlights Cambodia's emerging tech potential
United States Dollar
PT Bukalapak.com Tbk.
Zomato Limited
Grab2Go AS
SWIGGY LIMITED
SGP
VNM
PHL
MYS
BRN
KHM
THA
IDN
LAO
Show more
10:30 23.03.2025
Zomato receives approval to change name to Eternal Limited effective 2025
22:48 21.03.2025
Zomato rebrands as Eternal Limited to reflect strategic business shift
08:45 21.03.2025
Swiggy launches Assure a new B2B platform for kitchen supplies
02:30 21.03.2025
Swiggy launches Assure platform to compete with Zomato's Hyperpure
12:02 20.03.2025
India's quick commerce boom faces challenges amid rising delivery costs
United States Dollar
Indonesian Rupiah
Grab Holdings Inc
SWIGGY LIMITED
Zomato Limited
IND
IDN
Show more
08:00 20.03.2025
Rapido plans to enter competitive food delivery market against Swiggy and Zomato
20:44 18.03.2025
Zomato faces insolvency petition over unpaid dues to apparel manufacturer
06:45 18.03.2025
Zomato faces insolvency petition over 1.64 crore unpaid dues
06:13 18.03.2025
Zomato faces insolvency plea over 1.64 crore unpaid dues
21:20 17.03.2025
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Global Financial Events
Banking Regulations
Workplace Trends
Retail and Consumer Goods
CEO Changes
Market Analysis and Predictions
Domestic Politics
Government Policies
Global Trade Developments
Startups & Entrepreneurship
Central Bank Actions
Financial Scams and Security
Elections & Campaigns
Corporate Social Responsibility
Government Economic Policies
Countries:
Companies:
Tesla, Inc.
JPMorgan Chase & Co.
Barclays PLC
UniCredit S.p.A.
Deutsche Bank Money Market PP
Banco BPM S.p.A.
Credit Suisse Lux Digital Healt
Bank of America Corporation
Apple Inc.
UBS Group AG
BNP Paribas SA
The Goldman Sachs Group, Inc.
Commerzbank AG
CREDIT AGRICOLE
Credit Suisse Strategic Income I
Lloyds Banking Group plc
Wells Fargo & Company
Banco Santander, S.A.
Amazon.com, Inc.
SpaceXCoin USD
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Danish Krone
Hong Kong Dollar
Australian Dollar
Offshore Chinese Yuan
Canadian Dollar
Mexican Peso
Singapore Dollar
Norwegian Krone
Filipino Peso
Indonesian Rupiah
Russian Ruble
Chilean Peso
People: