After surpassing profitability goals ahead of schedule, Zomato, one of India’s top food delivery platforms, continues to inspire investor confidence, Moneycontrol reported.

Zomato’s profitability leap inspires investor confidence; Bernstein rates company as “outperform” 

Food delivery apps have become an integral part of a city’s framework worldwide over the last few years. New York has DoorDash, Grubhub and UberEats, London uses Deliveroo, Just Eat and Food Hub and Tokyo thrives on Damaecan, Wolt and FineDine.

Why the crazy rush? The unrealistic side of food delivery

Grab, the prominent ride-hailing and food delivery app, is taking a significant step by cutting 1,000 jobs, which amounts to approximately 11 per cent of its workforce, as reported by the BBC.

Grab's cutback blitz: 1,000 jobs slashed for long-term affordability

The app-based food delivery startup Glovo has been hit with a fresh fine from Spain's labour ministry of 57 million euros ($62 million) for breaking labour laws, the agency announced on Tuesday (January 24).

Spain: Food delivery app Glovo fined $62 million for violating labour laws

The food delivery app Zomato's statement on Monday that it would deliver food in 10 minutes sparked a frenzy on the Internet. Everyone appears to have an opinion on how this decision will pan out.

Indian firm's 10-minute food delivery promise didn't go down well on Twitter

'The food delivery app, market leader in 23 of 24 markets where it operates, pursues to win more customers for mobile-phone based delivery'

Rocket-supported Foodpanda turns profitable in two out of three regions globally