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Zomato, an online restaurant discovery and food delivery platform is set to review its revenue streams after their FY18 revenue history showed that online food ordering and premium subscription service Zomato Gold were the leading streams of revenues as far as the firm’s growth pace goes. According to the company, their annual revenue run rate reveals that they have hit Rs 650 of revenue run rates and Zomato Gold generated more revenues. “Zomato's hit $100M annual revenue run rate this month. 40% growth in just the last two months. Loving the momentum!,” wrote CEO Deepinder Goyal on the micro-blogging site Twitter. Zomato's hit $100m annual revenue run rate this month. 40% growth in just the last two months. Loving the momentum. cc @mukund1981 @gauravg1181 @deeppurpled @gunjan2307...

Indian food delivery startup Foodpanda has reported its latest revenue figures FY 16-17 which reflect a 64 percent jump in the revenue over the last years. The food-delivery company earned Rs. 62.16 crores in FY 16-17 compared to Rs. 37.81 crores in FY 15-16 owing to strong order growth in key markets. Wrapping up a strong year for the brand, foodpanda India also registered an impactful 69 percent dip in losses at Rs. 44.81 crores from Rs. 142.64 crores in FY15-16. The company has been running profitable since 2015 and is still investing in its tech and services to strengthen its services across the country. Also Recommended Could Maggi Be Banned Again? Ash Content Beyond Permissible Limits Found Bitcoin Tops $10,000, Taking 2017 Gains To 940 Percent ...

Tag: food delivery app

Zomato CEO Announces $100 Mn Annual Revenue Run Rate

Online Food Delivery Startup Foodpanda Reported 64% Jump In Profit