Food delivery giant Zomato has said it will discontinue its food delivery operations in the United Arab Emirates. “
The company will continue to offer restaurant discovery and dining-out services in the UAE, the regulatory filings revealed.
Yesterday, the company informed the stock exchanges that Rahul Ganjoo, head of new initiatives at Zomato, has resigned from his post after a five-year stint.
Four months ago, he started heading the new initiatives vertical.
On November 10, Zomato announced its Q2 results for FY2023.
Its consolidated revenue for the quarter (July-August-September) surged 62.20 per cent to Rs 1,661.30 crore from Rs 1,024.20 crore in the corresponding quarter last year.
Source: BusinessToday
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