Zomato Rebranding, Not Shutting Down 10-min Delivery Service: Official

However, the spokesperson clarified that it was working on a new menu for the service

Topics

Zomato | Food delivery

Press Trust of India  |  New Delhi 



Zomato

Photo: Shutterstock

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

is rebranding Instant, its ten-minute service, and not shutting it down, a company spokesperson said.

The statement has come amid reports claiming that the company was planning to close Instant, launched less than a year ago, owing to tough market conditions.

However, the spokesperson clarified that it was working on a new menu for the service.

"Instant is not shutting down. We are working on a new menu with our partners and rebranding the business. All finishing stations remain intact, and no people are impacted by this decision," the spokesperson said.

The food aggregator had launched Instant in March 2022.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Tue, January 24 2023. 16:13 IST


RECENT NEWS

Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape

As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more

The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma

In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more