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Zomato Ltd, the food delivery giant, has now taken a decision to stop delivering groceries for the second time in these two years.
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ZOMATO TO STOP ITS ONLINE GROCERY DELIVERY SERVICE FROM SEPTEMBER 17 Zomato Ltd, the food delivery giant, has now taken a decision to stop delivering groceries for the second time in these two years.
Zomato said that the grocery service was not so successful and also faced challenges like changes in the inventory and gaps in full settlement of orders which lead to a poor customer experience.
$100 million was invested by Zomato recently in unicorn Grofers and also in its wholesale unit Hands On Trades Pvt. Ltd, which has also been awarded the under the 10-minute delivery model. Zomato holds 9.3 % in grofers and also in Hands On Trade.
Instamart was actually started in August 2020 but in this small course of time, it had a large and a strong presence in Swiggy’s home market of Bengaluru.
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