Zomato Founder and CEO Deepinder Goyal has announced the introduction of a new 'dark mode' feature for the company's mobile app. The update was revealed in a social media post on X, where Goyal welcomed users to the "dark side" and indicated that the feature would be rolled out to all users over the next few days.

Following the announcement, Zomato's shares saw a significant rise, closing 4.94% higher at ₹254.90, up from ₹242.90 the previous day. This increase in stock price came after JP Morgan raised its target price for Zomato to ₹261.60 per share, which contributed to a 7.7% rise in early trading. This target is the second-highest for Zomato, with CLSA having set an even higher target of ₹353 per share.

JP Morgan's positive outlook is attributed to Zomato’s expansion of its Blinkit business, which has been successful in major metro cities. The investment firm anticipates that Blinkit's growth will enhance monetization through channel margins and advertising revenue, thereby improving Zomato’s EBITDA outlook.

In response to the dark mode feature, many users have expressed their approval on social media. They appreciate the added comfort for their eyes, especially when using the app in low-light conditions. Comments such as those from Dinesh, who is relieved not to be blinded by the app’s brightness at night, and Abhishek Baxi, who praised the feature for eye comfort, reflect widespread user satisfaction.

Shreyam Sharma highlighted the enhancement to the user experience, while Abhinav hinted at switching from competitors like Swiggy if similar features are not introduced soon. The engagement from CEO Deepinder Goyal with the user community has been positively noted, with Dazeinfo appreciating the transparency and active communication.