Zomato has reduced their discounts significantly. All these marketing gimmicks are just to divert our attention from that, so they can silently become more profitable.
They havenโt diverted my attention at least. They have lost me as a customer. I u
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Chamarti Sreekar
Passionate about Pos...ย โขย 3m
Perhaps Zomato is focusing on profitability over growth now
The pace at which zomato is moving is amazing!
Do you think with zomato live, zomaland and now the ticket booking system, zomato will take over BookMyShow?
District app by Zomato is now live on the Google Play Store.
10 replies16 likes
Aarihant Aaryan
Prev- Founder & CEO ...ย โขย 5m
In India there is a sudden shift for profitability among startups but the cost of profitability is innovation and growth.
Innovation is expensive. It requires years of suffering in terms of balance sheet and name calling.
3 replies12 likes
BigLoot IN
BigLoot.in - Where S...ย โขย 4m
๐จ Zomato is Planning To Raise Over โน4185 Crore Through QIP as Per Media Reports
Zomato Has Cash Reserves of โน12,539 Crore
Swiggyโs IPO Size is Around โน11,664 Crore
Zomato Being Aggressive, Crucial Timings
The RBI is expected to maintain the status quo in its monetary policy, keeping the repo rate unchanged at 6.5% for the eighth consecutive time, focusing on maintaining price stability and sustainable economic growth.
Ab hogi Growth ๐น
0 replies6 likes
Vansh
Money Gives Powerย โขย 1m
According to you what made zomato profitable in the last FY24...
According to me :-
1. Operational efficiency : Zomato reduced the cost of delivery and other over expenses too
2. Diverse revenue stream : As zomato also goes into the "Going out" b
