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Display Social history
Display Social company history timeline
Deepinder describes Pankaj as a “turning point for the company”. The team of FoodieBay was just 6 in number but in a short span of 9 months, they became the biggest restaurant directory in the Delhi NCR region by late 2008.
It was in 2010 when Foodiebay was officially rechristened as Zomato.
In 2011, it expanded across India to Delhi NCR, Mumbai, Bangalore, Chennai, Pune, Ahmedabad and Hyderabad.
With the introduction of .xxx domains in 2011, Zomato also launched zomato.xxx, a site dedicated to food porn.
By 2012, overseas operations of Zomato started operating in full gear with the UAE, Sri Lanka, Qatar, United Kingdom, Philippines, and South Africa becoming a part of its user base.
In 2012, it expanded operations internationally in several countries, including the United Arab Emirates, Sri Lanka, Qatar, the United Kingdom, the Philippines, and South Africa.
In the November 2013, another lucky round of funding got a new investor to pitch in- Sequoia Capital.
In 2013, it added Turkey, Brazil, and New Zealand to its ever-growing list of expansions.
In 2013 it acquired Portuguese company Gastronauci and the Italian service Cibando.
In 2013, expanded to in New Zealand, Turkey, Brazil and Indonesia, with website and apps available in Turkish, Portuguese, Indonesian and English languages.
2015 came in with the need of Zomato laying off 300 employees in order to curb losses, and 10% of these layoffs came to be in the US. Another setback in the States happened when Zomato aquired Urbanspoon and rebranded the company as their own.
In 2015, the firm acquired Seattle-based food portal Urbanspoon, which led to the firm's entry into the United States and Australia.
In 2016, things went so out of control that as a result, Zomato had to roll back its operations in several countries including the US, UK, Chile, Canada, Brazil, Sri Lanka, Ireland, Italy, and Slovakia.
In 2017, the company claimed to have turned profitable in all the 24 countries that they operated in, along with rolling out a zero commission model.
However, this co-founder resigned from Zomato in May 2018, where he served as a "conscience keeper, and a support system during upheavals," as he had described his role, for over 10 years.
The Ant Financial led $210 mn funding round that came in October 2018 was the last major before these rounds.
The company partnered with Paytm to expand its food ordering business online in India on January 18, 2019
Zomato and BioD Energy had collaborated to reduce the wastage of cooking oil in the country on October 21, 2019
Chaddah founded Shyft (formerly Mindhouse) in November 2019, where he currently serves as a Co-founder.
In May 2020, Zomato further laid off 520 employees due to the COVID-19 pandemic.
The acquisition of Uber Eats - India, which was materialised on Jan 21, 2020, remains one of the most prominent acquisitions of the company.
The Deepinder Goyal-led food delivery unicorn reported to deliver 4250 orders per minute during the same time in 2020.
The foodtech giant even bagged the top honors at the seventh edition of The Economic Times Startup Awards, including the Startup of the Year award in 2021.
The stock price of Zomato dropped to become Rs 71.6 on 29th April, which was last recorded at Rs 141.35 on 3rd January 2022.
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Display Social competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Airbnb | 2008 | $11.1B | 5,597 | 32 |
| Uber Technologies | 2009 | $44.0B | 22,800 | 23 |
| Commissions Inc (CINC) | 2011 | - | 176 | 7 |
| Orbit International | 1957 | $24.8M | 100 | - |
| DWM | 2010 | $3.1M | 35 | 7 |
| Catalina | 1983 | $310.0M | 1,233 | 2 |
| WCGS | 2001 | $69.0M | 50 | - |
| Niche Homes | 2002 | $390,000 | 7 | 5 |
| Epoch.com | 1996 | $12.0M | 220 | 10 |
| LEADS | 1966 | $680,000 | 50 | 2 |
Display Social history FAQs
Zippia gives an in-depth look into the details of Display Social, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Display Social. The employee data is based on information from people who have self-reported their past or current employments at Display Social. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Display Social. The data presented on this page does not represent the view of Display Social and its employees or that of Zippia.
Display Social may also be known as or be related to Display Social, Zomato and Zomato Ltd.