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New Delhi<\/strong>: Zomato announced the introduction of \u2018District,\u2019 a new application that consolidates its \u201cgoing-out\u201d business, including dining and ticketing for movies and events.<\/p>\n This strategic move, revealed by CEO Deepinder Goyal in a shareholder letter, signifies Zomato\u2019s foray into a wider spectrum of lifestyle services, which includes dining out, movies, sports ticketing, live performances, shopping, staycations, and more, all integrated into one platform.<\/p>\n \u201cCurrently, Zomato and Blinkit represent our two major consumer businesses, catering to customers\u2019 in-home needs. Yet, we also boast one of India\u2019s largest \u2018going-out\u2019 businesses, aiding our customers in discovering dining-out venues,\u201d stated Goyal, without specifying when the app would be ready for download.<\/p>\n Zomato\u2019s \u201cgoing-out\u201d business merges the dining-out vertical, active in India and the UAE, with the ticketing vertical, Zomato Live.<\/p>\n For the June quarter, this segment\u2019s gross order value surged by 105 per cent to Rs 1,268 crore year-on-year, and its adjusted revenue more than doubled to Rs 95 crore. The profitability (adjusted EBITDA) for the quarter soared by 233 per cent to Rs 10 crore.<\/p>\n<\/div>\n [ad_2] [ad_1] New Delhi: Zomato announced the introduction of \u2018District,\u2019 a new application that consolidates its \u201cgoing-out\u201d business, including dining and ticketing for movies and events. This strategic move, revealed by CEO Deepinder Goyal in a shareholder letter, signifies Zomato\u2019s foray into a wider spectrum of lifestyle services, which includes dining out, movies, sports ticketing, live […]<\/p>\n","protected":false},"author":1,"featured_media":37992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-37991","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/08\/Zomato-Gets-Court-Summons-As-Man-Claims-Food-Not-Being-Delivered-From-Authentic-Restaurants.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/37991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=37991"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/37991\/revisions"}],"predecessor-version":[{"id":37993,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/37991\/revisions\/37993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/37992"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=37991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=37991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=37991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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