Zomato introduces a dark setting to improve the viewing experience

Thirty percent of users can now utilise Zomato's officially launched dark mode feature. "This update offers a visually appealing, eye-friendly alternative to light mode," said Deepinder Goyal, CEO of Zomato. The planned phased introduction promises less screen glare and longer battery life for OLED devices, with complete availability by Sunday.

Dark mode offers a visually appealing and eye-friendly alternative to the traditional light mode interface. It reduces screen glare, enhances contrast, and can be particularly beneficial for users who prefer a darker viewing environment. With the introduction of dark mode, Zomato aims to provide a more personalized and comfortable user experience.

Meanwhile, the announcement coincided with a notable surge in Zomato’s stock price, which jumped 7.7 per cent to Rs 261.60 per share in early trading on Thursday. This rise followed a significant target price upgrade by global brokerage JP Morgan, which raised its target for Zomato from Rs 208 to Rs 340 per share, citing increased confidence in the company's growth prospects.

JP Morgan's revised target is the second-highest among major brokerages, just behind CLSA's recent target of Rs 353 per share with an "overweight" rating. The optimistic outlook is driven by Zomato's rapid expansion of Blinkit, its quick-commerce platform, which has shown strong results in the National Capital Region (NCR) and is now scaling operations in other major cities. This expansion is expected to drive revenue growth through better monetization of channels and advertising, while improvements in store economics could positively impact Zomato's EBITDA.

JP Morgan also raised its financial forecasts for Blinkit by 15-41 per cent for FY25-27, predicting that the quick-commerce arm could disrupt both modern retail and traditional e-commerce models. The brokerage highlighted Zomato's "Going Out" initiative, which integrates dining and ticketing services, as a key growth area.