Zomato has launched the 'District' app for its 'going-out' business for Apple's iOS and Android platforms, more than three months after its initial announcement

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The startup aims to establish the ‘going out’ segment as its third largest B2C business

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The 'District' app allows clients to reserve restaurant tables and book tickets for various activities, including movies, sports, and live performances

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Zomato's thriving dine-out business generates over $500 million in annualized gross order value, leading the launch of this new function

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The foodtech company has been launching new features to remain ahead of competition

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Zomato launched the 'Book Now, Sell Anytime' option this week, allowing users to buy event tickets ahead of time and resell them on the app

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The new feature 'Food Rescue' allows customers to purchase cancelled food orders from surrounding locations, decreasing food waste

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Zomato's net profit increased by 389% to INR 176 Cr in Q2 FY25, up from INR 36 Cr the previous year, thanks to Blinkit integration

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The company's operational revenue increased by 68.5% to INR 4,799 Cr from INR 2,848 Cr in Q2 FY24

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