BUSINESS

Eternal is the new name for Zomato

IN, GurugramThu Feb 06 2025
Starting from 2024, you will no longer see the name Zomato. The company is going through a big change. It has decided to rename itself to "Eternal". This decision comes after a few years of change in India. The quick-commerce sector has grown a lot. This is why the company is planning to change the name. It is a way to show that they are not just a food delivery service but a lot more than that. In the Indian market, the company is well known for food delivery. The company has been rebranding itself. The company is now called "Eternal". Zomato's new name is a reflection of its growing business. It includes a lot of different services. It isn't just about food delivery anymore. For now, the Zomato app and brand name will remain unchanged. This company is based in Gurugram. It has been on a roll. It was added to the top index on the BSE Sensex in December. This is a big deal. The company's quick commerce division, Blinkit, has been a big hit. It has grown a lot in the last year. In fact, it might become the company's biggest asset. They predict that Blinkit could make up 70% of the company's value in the next year. The company is planning to change its stock ticker from ZOMATO to ETERNAL. The company is making a huge change. At first, the name "Eternal" was just an internal code name. It was used to keep the food delivery brand separate. But now, it is a lot more than that. The name "Eternal" is a promise. The company wants to be a big name in the market. It wants to become a major player in the quick-commerce sector. The company has a market value of $25. 2 billion. It is a big player in the market. The company is hoping to grow even more. The company is planning to change its stock ticker on the stock exchange. Zomato has a lot of other services. One of them is Hyperpure. It is a business-to-business venture. The company also has an app called District. It is an events app. The company wants to make sure that people know about all of these products.

questions

    Is the rapid growth of Blinkit a coincidence, or is there a hidden agenda behind the ticker change from ZOMATO to ETERNAL
    How does Zomato plan to balance the growth of Blinkit with its existing food delivery business, which has been its core offering?
    Will the new name mean that the food delivery app will last until the end of time, or will it just feel that way during peak delivery hours?

actions