Changes for page Zomato
Last modified by Wilton Risenhoover on 2022/07/01 18:48
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... ... @@ -49,8 +49,9 @@ 49 49 * United Kingdom 50 50 * United States 51 51 52 -As of December 31, 2020, wehad 3,469 employees worldwide.Wealso engage contractors and consultants to provide us temporary workforce.None of our employees are represented by a labor union. We have not experienced any work stoppages since our incorporation, and we believe that our employee relations are strong.52 +As of December 31, 2020, Zomato had 3,469 employees worldwide. Zomato also engage contractors and consultants to provide us temporary workforce. 53 53 54 + 54 54 == Platform Offerings == 55 55 56 56 The company's business is built around the core idea that over time, people in India are going out to eat at restaurants more than they cook at home. To capture value out of this shift in customer behavior, Zomato has two core business-to-customer (B2C) offerings – (i) Food delivery and (ii) Dining-out, in addition to its business-to-business (B2B) offering (iii) Hyperpure. Another important part of its business is (iv) Zomato Pro, its customer loyalty program which encompasses both food delivery and dining-out. ... ... @@ -100,7 +100,6 @@ 100 100 101 101 Zomato has an exclusive paid-membership program, Zomato Pro, which unlocks flat percentage discounts for its customers at select restaurant partners across both food delivery and dining-out offerings. These discounts are available to its customers on all days in a year (except during a few pre-determined festive days) and the Pro Restaurant Partners choose and fund the percentage discount available to Pro Members at their restaurants. The company's customers become Pro Members by paying it a membership fee. The program allows Pro Restaurant Partners to market themselves to a select audience. As of December 31, 2020, the company had 1.4 million Pro Members and over 25,350 Pro Restaurant Partners in India. 102 102 103 - 104 104 = Financial Highlights = 105 105 106 106 According to the DRHP, Zomato reported a loss of Rs 682 crore in the nine months ending December 2020. Previously, In the financial year 2019-20, the company had a net loss of Rs 2,386 crore, up from Rs 1,010 crore in the financial year 2018-19. Although the company reported a jump in revenue from Rs 1,397 crore in FY19 to Rs 2,743 crore in FY20, its expenses have increased from Rs 3,608 crore to Rs 5,006 in the same period. ... ... @@ -127,4 +127,6 @@ 127 127 Zomato reported a revenue of Rs 2,486 crore for FY20, even as its losses widened to Rs 2,451 crore during this period, as the pandemic shrunk order volumes and dine out revenue. 128 128 129 129 130 += References = 131 + 130 130 {{putFootnotes/}}