Zomato Lost Market Share In Food Delivery Business In Q3: ICICI

Zomato may have lost some share in the food delivery market in Q3 FY25 as competitors scaled 10-15-minute delivery faster, said ICICI Securities

A day earlier, Zomato CFO Akshant Goyal downplayed the impact of the 15-minute delivery rivals, saying that rising competition had no impact on Zomato’s food delivery business in Q3

Competing with Zomato in the sub-15 minute delivery space are Swiggy (via Bolt and SNACC), Zepto Cafe, Swish, Zing, Magicpin and Ola Consumer

Zomato may have lost market share in the food…