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SimpliFin • 10m
Blunder or Masterstroke? - Zomato's acquisition of Paytm's entertainment and ticketing business for Rs 2,048 crore When Zomato bought Blinkit, everyone was of the opinion that it was a mistake, but it turned out to be a masterstroke. But, is the Paytm deal a mistake or a masterstroke? My Thoughts: 🤝 Why Blinkit was a success - Quick commerce was growing fast - Blinkit was a standalone product (then and even now), so userbase remained the same - With Blinkit, Zomato got not only the technology but also the operations, marketing, and brand 🔴 Why Paytm ticketing business could be a mistake - Currently integrated within Paytm's core app, not a standalone product - Zomato can't leverage the existing userbase, people will need to download a new app - Zomato can't leverage the existing marketing and brand of the product - Operations can be leveraged but is it worth Rs 2,048 crore? - Developing a new product could have been cheaper with Zomato's existing tech team What do you think?
Founder at Stockware • 8m
🚨 Zomato Exploring Cash Raise Through QIP! 🚨 I just came across an interesting development—Zomato is considering raising funds via a qualified institutional placement (QIP), marking its first funding move since its IPO in July 2021. This comes as
See MorePassionate about Pos... • 6m
Swiggy Launches 'Scenes' Event Ticketing Feature To Compete With Zomato's District. The new feature comes less than a month after the food aggregator's biggest rival Zomato Ltd. launched the standalone District app for its going-out business. House
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