Business News›Prime›PRIMESHOTS›3 insights to kick-start your day, featuring Zomato’s move to leverage riders
3 insights to kick-start your day, featuring Zomato’s move to leverage riders
Synopsis
In Primeshots today: Zomato’s latest move; Tata Steel’s carbon-neutral road map; and Reliance lagging the Nifty.
Zomato’s rider flywheel In the news. Zomato launches intra-city parcel delivery for merchants, Xtreme Inside the news. With an aim to leverage its existing fleet of three lakh riders for additional revenue, two years after getting listed, food delivery firm Zomato has plunged into the field of on demand parcel delivery. This is an ancillary territory, which its rival Swiggy has also been exploiting for a few years now. However, unlike Swiggy,
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