New app District, launched by Zomato focuses on consolidating its going-out business

Zomato has announced the release of 'District,' a new application designed to streamline its "going-out" operations. Services including dining, movie and event tickets, sports ticketing, live performances, shopping, and staycations will all be available on the new app. 

Zomato's goal to diversify outside its primary meal delivery business includes this launch, as CEO Deepinder Goyal disclosed in a letter to shareholders.

Deepinder Goyal, CEO of Zomato, highlighted the company's goal to access a wider range of lifestyle offerings.He emphasised the going-out business's profitability and its current run-rate of over $500 million in annualised Gross Order Value (GOV).