Skip to main content

Food Delivery Volumes In India Reach Pre-COVID-19 Peaks: Zomato CEO Deepinder Goyal

 


The food delivery volumes in India have reached pre-COVID-19 peaks, Zomato Founder and CEO Deepinder Goyal said on Monday. He also said it is anticipated that the food delivery sector will continue to grow at around 15-25 per cent month-on-month for the foreseeable future.

"Happy to share that India food delivery volumes have reached pre-COVID peaks. A number of cities are now at over 120 per cent of pre-COVID peaks," Goyal said in a tweet.

In a series of tweets, he added that food delivery is one of the safest recreational options available to the customers during the pandemic.

"Going forward, we anticipate the food delivery sector to continue to grow at around 15-25 per cent m-o-m for the foreseeable future," he added.

"Since March 23rd, 2020, we have delivered a total of 9.2 crore orders - and there have been zero reported cases of COVID transmission through food delivery, or our food delivery agents," Goyal said.

A few weeks ago, WHO also categorically stated that people should not fear food, or food packaging, or processing or delivery of food. People should feel comfortable and safe, he added.

"The last few months have been full of shocks and surprises. We salute the hard work of our delivery partners, along with thousands of our restaurant partners who demonstrated great agility in implementing world class safety practices to ensure that our customers stay safe," Goyal said.

In September, Goyal had said in a blog post that with the ongoing IPL season and the subsequent festive season, "we expect food delivery in both metros and smaller cities to make a full recovery soon - and resume growing over pre-COVID levels."

Sandip Ginodia , CEO

ALTIUS INVESTECH PVT LTD

We deal in over 60 unlisted companies with 15 years of experience 

For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .

Email : ginodiasandip1@gmail.com

Labels:

Comments

Post a Comment

Please leave your name and email id along with the comment .
Get the updates from this blog direct to your inbox . Fill in your email id on the home page.

Popular posts from this blog

HDFC Life inks distribution tie-up with Catholic Syrian Bank

HDFC Life  has entered into a  bancassurance  (the selling of life assurance and other insurance products and services by banking institutions) tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender’s customers. HDFC Life will offer its leading range of individual life insurance, health and pension products to the Catholic Syrian Bank’s  1.5 million  customer base across all its branches over a period of time. Sandip Ginodia , Director   A LTIUS INVESTECH PVT LTD | ABHISHEK SECURITIES We deal in over 60 unlisted companies with 15 years of experience . For latest prices visit :  www.abhisheksecurities.com/unlisted.htm  / call : 09830271248 . Email :  ginodiasandip1@gmail.com
1 comment
Read more

Stock broker SMC Global files for IPO

F inancial services company SMC Global Securities has filed draft red herring prospectus with SEBI for public issue of 1,58,67,380 equity shares of face value of Rs 2 each. The issue comprises a fresh issue of 79,33,690 equity shares by the company and an offer for sale of 79,33,690 shares by Millennium India Acquisition Company Inc. As of September 30, 2012, "We service our broking clients through a network of 43 branches and 2,521 registered sub-brokers and authorized persons spread in more than 500 cities and towns. We have also established an office in Dubai for brokerage and trading activities in that region," the company said. SMC has reported a loss of Rs 0.42 crore and total revenues of Rs 292.24 crore in the year ended March 31, 2012. "The proceeds of the fresh issue shall be utilised for margin maintenance with stock exchanges; part repayment of term loan; investments into subsidiary, SMC Comtrade; and general corporate purposes," according to p...
10 comments
Read more

NBI Industrial Finance Limited

NBI Industrial Finance Limited , Strand Road, Kolkata-700001 NBI Industrial Finance Limited was originally incorporated in Lahore in 1935 as The New Bank of India Limited. Dr. Ganeshi Lal Aggarwal and Mr. Kohli were the original promoters. After 1947 the Registered office was shifted to New Delhi. To provide for the losses due to partition the face value of the share was reduced from Rs. 10 to Rs. 5 . Later, The New Bank of India Ltd. was nationalised. Most of the non promoter shareholders took cash compensation. The Registered Office of the Company was shifted from Connaught Place, New Delhi to Strand Road , Kolkata. The share's face value was consolidated to Rs. 10. Share Capital : Rs. 1 cr 12 lakh Reserves : Around Rs.11 cr  NBI Industrial Finance Company is , now , the investment holding Company of Bangurs ( Benu Gopal Bangur of Shree Cement group ). They were the promoters of New Bank of India at the time of nationalisation. As the Company has holding of Shree Cement Ltd. it...
8 comments
Read more