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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]
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In the United States, the first restaurant food delivery service in the world began in 1995 with World Wide Waiter [25] [26] and still operates today as Waiter.com. The top three restaurant food delivery services are DoorDash , [ 27 ] GrubHub , and Uber Eats , [ 28 ] which together account for some 80 percent of the sector's revenue.
Macquarie Capital estimates Swiggy's food order values in 2024-25 will be $3.3 billion, roughly 25% below Zomato's. Both are now diversifying fast into quick commerce where groceries are delivered ...
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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Nigeria's northeastern Borno state will bar non-governmental organizations from distributing food or aid to resettled displaced people, the governor said in a circular seen by Reuters on Thursday.
By 2019, over 1,000 Swiggy Access kitchens were operational, according to a TechCrunch report. [13] In mid-2018, Swiggy was operational in 16 Indian cities, [14] which increased to 500 cities in 2019, matching the scale of rival Zomato. [15]