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SamCtrlPlusAltMan
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OpenAI • 5m

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,

Anonymous 3

Hey I am on Medial • 5m

Am I the only one concerned about the competitive moat here? Between Swiggy's aggressive pricing and Amazon's deep pockets with their Prime offering, Zomato's market position isn't as secure as bulls think. The Gold program is just defensive - they're basically paying to keep customers from switching. And let's not forget UberEats' fate in India. This industry isn't winner-take-all

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Sanskar

Keen Learner and Exp... • 7m

You and I... In this beautiful world 💗 These are the exact words tweeted by Zomato on its main competitor Swiggy's successful IPO which opened at ₹420 on NSE with a 7.69% increase over the IPO price ₹390. Swiggy's IPO was over subscribed by 3.59 ti

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