Zomato, India’s leading food aggregator, has officially launched ‘District’, a new tech-powered app aimed at revolutionizing the “going-out” experience. Available on both iOS and Android, District consolidates Zomato’s existing dining, entertainment, and live event offerings into one streamlined platform.
A Bold Step in Online Ticketing
District marks Zomato’s third consumer-facing venture, following its flagship food delivery app and quick-commerce platform Blinkit. The app caters to users looking to book movie tickets, live events, dining experiences, sports matches, shopping sprees, and even staycations.
This strategic move pits Zomato against established players like BookMyShow, which currently dominates 60% of India’s movie ticketing market. To strengthen its competitive edge, Zomato acquired Paytm’s entertainment business, Insider, for ₹2,048 crore in August 2024.
Zomato’s Tech-Driven Expansion
District integrates Zomato’s Dining-out and Zomato Live verticals, creating a unified experience for users who enjoy entertainment and leisure activities. The platform’s intuitive design leverages Zomato’s extensive consumer insights and advanced technology to deliver seamless booking experiences.
Financial Momentum Fuels Innovation
The launch of District comes on the heels of Zomato’s impressive financial performance. For the July-September 2024 quarter, Zomato reported a net profit of ₹176 crore, marking its fifth consecutive profitable quarter. Revenue surged 69% year-over-year, reaching ₹4,799 crore.
Why It Matters
With District, Zomato aims to redefine how Indians explore entertainment and leisure, integrating technology into every aspect of the going-out experience. As competition intensifies in the online ticketing space, Zomato’s innovative approach and acquisition of Insider signal its commitment to becoming a market leader.
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