Wednesday 28 June 2017

With revenue servings up at 81%, Zomato cuts losses by 34% in FY17


MUMBAI: Online restaurant search firm Zomato saw a 34% dip in its total loss for 2016-17 to Rs 389 crore from Rs 590 crore in the previous year, according to the annual report of its largest shareholder Info Edge, thanks mainly to a strategy that excluded self-fulfilled deliveries.

You can read more here: With revenue servings up at 81%, Zomato cuts losses by 34% in FY17

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