Sunday, October 01, 2023
Outlook India
Outlook Business


Is Zomato's Profitable Quarter A Flash In The Pan?

With a projected 40% YoY revenue growth for the next few years, Zomato's profitability milestone in Q124 underscores its dominion in the food delivery market. But will it be able to maintain this momentum?

Vinita Bhatia 30 / 09 / 2023

PhonePe Forays Into Stock Broking, Launches Share.Market App

While PhonePe already offered users an option to invest in mutual funds through its app, this platform has been launched as a separate entity

31 / 08 / 2023

Zepto Joins Unicorn Club, Raises $200 Million At $1.4 Billion Valuation

US-based StepStone Group led the Series E funding round

25 / 08 / 2023

InMobi's Glance Launches In Japan, Partners With Top Android Brands

Glance will deliver its premium services in Japan through its partnership with publishers, content partners, and developers working in the country.

28 / 08 / 2023

Prashanth Mahendra-Rajah Is Uber's New Chief Financial Officer

He replaces Nelson Chai, who stepped down from the role in August after a five-year stint with the ride-hailing app

28 / 09 / 2023

InMobi will be able to enhance its privacy management platform for app and web publishers after the acquisition

Super OYO constitutes the majority with over 26 per cent of its hotels, followed by OYO Rooms at 22 per cent 

The company's newly launched e-scooter comes in three variants called Ola S1X (3KWH), Ola S1X (2KW), and OlaS1X + (3KWH)

Nykaa has registered Rs 5.4 crore net profit with a growth of 8 per cent for the June quarter. 

A report by Analytics India Magazine says that OpenAI-run ChatGPT has witnessed a decline in its users.

In order to curb misinformation, YouTube is planning to bring Meta data and watermarks for contents generated by AI technology

This came after PricewaterhouseCoopers (PwC) India resigned as the fintech's auditor on 7th August

OYO plans to train homestay owners on earning opportunities as well as developing tourism activities in Rameswaram and Ramanathapuram

Chief Marketing Officer Shalini Raghavan is among few executives who have stepped down from the beauty start-up over the last six months

For Q1 FY24, gross bookings grew by 31.4 per cent YoY in constant currency to $2 billion