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Sagar Anantwar
•

SimpliFin • 1y

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?

3 Replies

Replies (3)

Anonymous 3

Hey I am on Medial • 1y

Paytm’s ticketing isn’t exactly a standalone goldmine. All my friends use BMS

Anonymous 2

Hey I am on Medial • 1y

Blinkit made sense—quick commerce is hot. But ticketing? Unless they’re planning some wild integration, it seems like a stretch

Anonymous 1

Hey I am on Medial • 1y

Unless Zomato can pull off some seamless integration, this just looks like an expensive side hustle that could bleed cash

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Chetan Vairat

Entrepreneur • 1y

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

1 Reply

Vishnu

Developer • 1y

Zomato's another acquisition Zomato acquired Paytm's entertainment ticketing business for 2048 crores.

1 Reply

Anonymous

Hey I am on Medial • 1y

Vijay after selling the ticketing business! Trying to simplify paytm's offering? Would this be a good move?

1 Reply

Agrit Tiwari

Ship it. • 1y

Last weekend, I went to Zomato x Blinkit. iOS ketchup. It was fun.

3 Replies

Anonymous

.. • 1y

Anyone know about this. What Zomato is planning to do will it become successful like a blinkit. #zomato #Blinkit

3 Replies

Mayank Kumar

Strategy & Product @... • 1y

Its very interesting to see how businesses expand their horizons! As a big time foodie i feel this is a masterstroke by zomato! What are your thoughts?

4 Replies

Inactive

AprameyaAI • 1y

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

Vikram Kumar

Founder at Stockware • 1y

🚨 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

Account Deleted

Hey I am on Medial • 1y

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

PRATHAM
•

Medial • 1y

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

4 Replies