Zomato is introducing a new app named “District,” which will provide services for dining, movie ticketing, and event bookings. The launch, announced by founder and CEO Deepinder Goyal on social media, aims to rival BookMyShow in India’s outdoor booking market.
District App by Zomato
Zomato is set to roll out “District,” a new app designed to offer dining, movie ticketing, and event booking services, expanding its reach beyond just food delivery. Deepinder Goyal, Zomato’s CEO and founder, revealed the app on social media.
In his announcement, Goyal highlighted Zomato’s success in home delivery through Zomato and Blinkit and its strong presence in dining-out experiences. He emphasized the opportunity to extend these offerings to include movies, sports ticketing, live performances, shopping, and staycations.
With District, Zomato aims to compete with BookMyShow, which currently holds a dominant 60% share in the outdoor booking sector in India. The goal is to establish District as a comprehensive platform for various going-out activities, positioning it as Zomato’s third major B2C business.
In the recent June quarter, Zomato reported a remarkable 126.5-fold increase in net profit, reaching Rs 253 crore, with revenue climbing 74% to Rs 4,206 crore, despite broader e-commerce sector challenges.
Social Media Reaction:
Users are buzzing about the announcement, with many excited about the new app’s potential.
One user commented, “Zomato’s ‘District’ app seems to be a big step towards becoming a ‘super app’ in India, blending various services into one platform.”
Another user praised the app, writing, “‘District’ is a game-changer! All your dining, movie, and event needs in one app. Can’t wait to try it out!”
A third user speculated on the strategic move, noting, “Zomato’s foray into outdoor ticketing with ‘District’ makes sense given their extensive consumer base and success in the dining sector.”