<ul><li>Zomato's parent company, Eternal, has announced the initiation of the liquidation process of its subsidiary, Zomato Netherlands.</li><li>The liquidation of Zomato Netherlands is not expected to impact the revenue of the company as it does not have any active business operations.</li><li>Zomato has previously shut down several international subsidiaries, including the USA, Singapore, UK, Lebanon, South Africa, Qatar, UAE, Netherlands, Philippines, Ireland, Jordan, Australia, Indonesia, Portugal, Czech Republic, Chile, Vietnam, Poland, and Slovakia.</li><li>Zomato's focus on its business in India has proven successful, with the company reporting its first profitable year in FY24 and achieving profitability in multiple quarters of FY25.</li></ul>

Eternal Initiates Liquidation Of Zomato Netherlands

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