Categories: Business News

Zomato Adds New Feature Now User To Order Food From Multiple Restaurants At Same Time

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Zomato Foods: If we don’t feel like cooking, we often go for Zomato or Swiggy. These food delivery apps are popular across the country and you will definitely find them on women’s phones. Good news for you if you order food from Zomato. Now you can order food from 4 different restaurants at the same time. The company has brought a new update for the users on the app.

4 different carts will be available

Many times it happens that we have to re-order to get the item we want which is not available in the restaurant, meaning this cannot be done at once on Zomato. Due to which many times difficulties were faced. Now the company has come up with a solution and now you can order food from four different carts. That is, you can select different restaurants in each cart. After ordering something or the other in all the carts, you can finalize the order by paying all at once. All orders can be tracked separately after placing the food order.

Tough competition between Zomato and Swiggy

Zomato and Swiggy are two major players in the food delivery market and have a market value of around $5 billion. Currently, Zomato has a 55 percent share, while Swiggy has a 45 percent share. However, in 2020, Swiggy was at the top with 52 percent, which is now back. Over the past three years, Swiggy’s market share has been steadily declining and the company has been making losses.

Despite the increase in income of both the companies, the loss also increased

Although Swiggy’s revenue has grown from $600 million to nearly $900 million in fiscal 2023, the company’s losses are still high. Swiggy’s loss during the same period is about $545 million while Zomato’s loss is about $110 million. There is a tough competition between the two companies and both keep bringing new updates from time to time to attract their customers.

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