Indian food delivery start-up Swiggy said on Monday it would lay off 1 100 employees, or nearly 14% of its workforce, to cut costs, as a weeks-long nationwide lockdown hits demand.
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Uber Technologies will sell Uber Eats in India to local rival Zomato in a $172-million deal, underscoring the ride-hailing giant’s effort to cut back on loss-making operations.
Indian start-up Swiggy has raised US$210-million (about R2.9-billion) in a round led by South Africa’s Naspers and investment house DST Global, setting a stage for a battle between well-funded players in the
South African start-up ReWare, which has been launched by the same team that brought Spain’s Zwipit to South Africa, is helping bring older-generation high-end phones, including Apple iPhones
Two of the world’s hottest technology start-ups, restaurant search and discovery service Zomato and transportation app developer Uber, have announced a global partnership — and the fruits of it will be seen in South Africa first. The fruits of
Zomato, the restaurant search and discovery service active in South African cities and other cities around the world, has been valued at US$660m (about R7,2bn) through its latest capital-raising exercise. The company, founded in India, said on Wednesday that it has closed a fresh round of funding
In this week’s episode of TalkCentral, your hosts Duncan McLeod and Regardt van der Berg talk about MTN’s aggressive expansion plans in the enterprise IT market, including its plans to make acquisitions. Also in this week’s podcast, your
A year after restaurant reviewing service Zomato entered the South African market, it has rolled out a revamped look across its Web and mobile platforms. The new website, which has a more social element to it, gives users personalised recommendations from trusted contacts. Zomato founder and CEO Deepinder Goyal
Web- and smartphone-based restaurant listing and review service Zomato has raised US$37m (about R370m) in fresh investment from Sequoia Capital and existing investor Info Edge as it eyes expansion in South Africa and other emerging markets
Zomato, a restaurant review service launched quietly in Johannesburg in April, is about to take its service live in Cape Town, too. Thereafter, the Indian company behind it plans to expand elsewhere in South Africa and in Africa more broadly. Zomato began life as Foodiebay.com. It was founded