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Vaibhav Babruwan Shingde

Student • 1y

Do you think that Zomato Will Become $100 Billion Company By 2030 As Deepinder Goyal Said that?! Their full focus on Blinkit and Hyperpure Business? According to me , Zomato Will become $100 Billion Dollars Company by because Mostly people buy onli

Havish Gupta

Figuring Out • 1y

Practical expect of it. Zomato is now a listed company so investment won't be available. For a 100$ billion valuation, it would require at least of 50$ billion of revenue. Current revenue is about a 1 Billion. How do you expect a company to 100x it's revenue in 6 years. Correct me if I'm wrong

3 replies2 likes

Replies (3)

Vaibhav Babruwan Shingde

Student • 1y

Most of internet companies, valuation Is of 10X multiple..

2 replies1 like

Vaibhav Babruwan Shingde

Student • 1y

Another thing is that, Zomato is expanding their business globally..

0 replies1 like

Vaibhav Babruwan Shingde

Student • 1y

You are correct but India's GDP and Internet penetration is increasing so as compared to 2-3 , people buy more things online , Zomato's Blinkit delivers in 10 Minutes and another is Hyperpure business which provides fresh vegetables and food making items to restaurants , from all these businesses, Zomato Will become $100. Billion dollars company..

0 replies1 like

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