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Vansh

Stealth • 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" business like event management, ticket booking, dining out, restaurant booking and a lot more 3. Blinkit : agree or not but the success of blinkit also gives free marketing to zomato. The growth of Blinkit is insane, as we all know it has more market valuation than zomato lol 😅 4. Consistency and Expansion : They stay consistent even after the big loss in FY23. Zomato expands over 800 cities that also gave them the boom. Swiggy is still operating at the loss of over 500 crores.

4 replies8 likes
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Medial • 23d

Zomato Invests 500Cr in BlinkIt. Zomato has been raising heavy cash recently whose consequence is this. Remember What deepinder said ? " BlinkIt will be bigger than Zomato ". He seems to be very bullish over Qcom ( BlinkIt ) What's Your Views on

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Zomato Acquired Blinkit For $600 Mn in 2022 Blinkit is Now Worth More Than $13 Billion One of The Most Successful Acquisitions.

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Stealth • 9m

BlinkIt - From an acquisition carried out just to defend the food delivery business of Zomato to achieving 186% YoY growth. The stars aligned right for Zomato.

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When we acquired Blinkit, we started using “Eternal” (instead of Zomato) internally to distinguish between the company and the brand/app. ~Deepinder

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