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In June 2023, Zomato launched a feature that enabled users to build carts from up to four restaurants and place the order together. [53] In October 2023, the company started offering hyperlocal package delivery service on a separate app called Xtreme. [54] In August 2024, Zomato announced the launch of "district" an app. [55]
Following this, Zomato granted a US$150 million loan to Blinkit. Zomato had acquired a 10% stake in company the year prior. [28] [29] Following numerous discussions, on 24 June 2022, Zomato announced that it would acquire Blinkit for US$568 million in an all-stock deal. [15] The acquisition was completed on 10 August 2022. [16] [30]
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Swiggy is an Indian online food ordering and delivery company. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 580 Indian cities, as of July 2023. [4]
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Glovo also created "support bubbles" in the app for Ukraine's armed forces while also donating to the Red Cross, providing humanitarian assistance across Ukraine. [ 19 ] Since the start of the war, the company has used Glovo Access to serve more than 114,000 social meals, save 54,000 kg of food, and allow the donation of 1,300 charitable meals ...