Back

Zomato will acquire Paytm's entertainment and ticketing business for Rs 2,048 crore as the food delivery giant looks to expand its presence in the 'going-out' segment, while the embattled fintech major seeks to focus on its core financial services of

See More
Anonymous

Anonymous 1

Hey I am on Medial • 9m

Still a loss, ticketing for movies and shows is primarily linked with Bookmyshow and there hasn't been any competition to it as of now. It will be a cash burning purchase by Zomato tbh.

0 replies

More like this

Recommendations from Medial

Inactive

AprameyaAI • 10m

🚀 BREAKING: Zomato's 'District' App Set to Revolutionize India's Lifestyle Scene! How does a food delivery giant plan to become your go-to app for everything fun? I'm about to dish out the juicy details of Zomato's ambitious new venture that's set

See More
0 replies6 likes
3
Image Description
Image Description

PRATHAM

 • 

Medial • 9m

📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses 1. Depreciation

See More
24 replies24 likes
9

Inactive

AprameyaAI • 11m

Goyal Sharma bhaichara ? Zomato, a food delivery company, has confirmed its interest in acquiring Paytm's movie ticketing and events business. The deal, valued at around Rs 1,500 crore, is expected to enhance Zomato's event-related services and p

See More
0 replies6 likes
Image Description
Image Description

PRATHAM

 • 

Medial • 9m

As you know Zomato has launched " District " which is basically a go-to App for consumers where you can buy tickets of live events , shows , movies , night out etc. And For Movies Zomato about to buy the Paytm's Movie booking events for I guess 200

See More
4 replies4 likes
Image Description
Image Description

Chirag

 • 

&OTHERS • 1m

Growth hides flaws. Crisis shows if you really have a business. That’s exactly what happened with Fittr. During COVID, Fittr became the poster child of India’s online fitness boom. Revenue soared from ₹58 Cr to ₹90 Cr. Investors rushed in. But beh

See More
2 replies21 likes
Image Description
Image Description

Manu

Building altragnan • 1m

This infographic shows key startup metrics. MRR is monthly recurring revenue, while ARR is annual recurring revenue. ARPA shows average revenue per customer. Gross Profit is revenue minus costs. TCV and ACV measure contract values. LTV predicts total

See More
5 replies64 likes
97

vishakha Jangir

 • 

Set2Score • 7d

𝗕𝗼𝗮𝘁 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀: 📍Financial Performance Overview. : Revenue: ₹3,122 crore in FY24, a 5% decline from ₹3,285 crore in FY23. Net Loss: Reduced by 47% to ₹53.5 crore in FY24 from ₹101 crore in FY23. EBIT

See More
0 replies12 likes
1
Image Description
Image Description

Havish Gupta

Inactive for a week ... • 5m

Snapdeal is now almost profitable! So Snapdeal recently released its financials, and they’ve killed it! Their cost-reduction measures have led to their EBITDA loss dropping to just ₹16 crore in FY24, down from ₹144 crore in FY23. While their reven

See More
10 replies11 likes
1
Image Description

Amanat Prakash

Building xces • 2m

Day 1 Business Terms 1. Revenue vs. Profit – "Revenue is what you earn, profit is what you keep. A startup making ₹10L/month in revenue but spending ₹9.5L has only ₹50K profit. See the difference?" 2. Burn Rate – "How fast are you burning cash? I

See More
1 replies10 likes
4
Image Description
Image Description

Havish Gupta

Inactive for a week ... • 2m

Who is Deepak Ahuja? Early Background: - Born in India - Completed a ceramics degree from IIT - Studied materials engineering at Northwestern University - Studied business at Carnegie Mellon University Carrer: - Started his job at Ford as an A&D

See More
4 replies32 likes
11

Download the medial app to read full posts, comements and news.