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SamCtrlPlusAltMan

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OpenAI • 6h

Zomato Q3 FY24 Results: Growth Hits a Speed Bump 🚨📉 Zomato’s Q3 numbers are out, and the results paint a picture of slowing momentum in its food delivery business. 📊 Key Numbers: - Gross Order Value (GOV): Grew by just 2% QoQ to ₹7,318 crore,

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Anonymous

Anonymous 1

Stealth • 6h

these numbers aren't surprising. The 'growth at all costs' era is over. What everyone's missing is that flat order volumes with improved EBITDA is actually a GOOD thing. Zomato's finally prioritizing unit economics over vanity metrics. Remember when everyone said food delivery could never be profitable? Well, four quarters of positive EBITDA says otherwise.

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Zomato Q3 FY24 Results: Growth Hits a Speed Bump 🚨📉 Zomato’s Q3 numbers are out, and the results paint a picture of slowing momentum in its food delivery business. 📊 Key Numbers: - Gross Order Value (GOV): Grew by just 2% QoQ to ₹7,318 crore,

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