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Zomato CEO Deepinder Goyal refutes Reddit post on losing market share

Business Standard LogoBusiness Standard13h ago

Zomato CEO Deepinder Goyal refutes Reddit post on losing market share - Business Standard

Quick Summary:

Zomato Founder and CEO Deepinder Goyal has rejected an anonymous Reddit post alleging that things were "going off the rails" with the company, rebranded as Eternal, losing market share to Zepto Cafe and Swiggy and forcing employees to order from its food delivery platform.

The post also claimed that the work culture has become "laughably inconsistent" with "toxicity" baked in, and the only thing keeping the company profitable now is platform fees, and the "crisis" compounded by "underpaid and overworked" delivery partners.

Neither are we losing market share, nor will we ever force our employees to order on Zomato.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-27 @ 16:23:07 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 606 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28227068

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 163 posts per day

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News Last Updated: 4 hours ago

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Publisher ID: #49

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