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Zomato (/ z oʊ ˈ m æ ˈ t oʊ / or / z oʊ ˈ m ɑː ˈ t oʊ /) [5] is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. [6]
Users can order restaurant food, supermarket products, vegetables and fruit, cakes and flowers for delivery on these platforms [32]. China's food delivery market is expected to cross $21 billion in 2021 [33]. Some Japanese deliveries require recycling of food containers. In India, the food delivery services include Zomato and Swiggy.
Online food ordering is the process of ordering food, for delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc).
On January 21, 2020, Zomato said it would acquire all of Uber Eats's stock in India. As part of the deal, Uber would own 10% stake in Zomato and Zomato would gain all the users of Uber Eats in India. [28] At the time of the deal, Zomato was valued at roughly $3.55 billion. [29]
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