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Aastha

📉 • 3m

And it’s a wrap as reported by Inc42

7 Replies

Replies (7)

Drish Sinha

Always open to learn... • 3m

why are they pulling out from global markets??

1 Reply

SamCtrlPlusAltMan
•

OpenAI • 3m

This is what happens when you try to chase a “global unicorn” status just for the headlines. Expansion without local market fit is just delusion dressed up in ambition.

Anonymous 3

Hey I am on Medial • 3m

Kudos to Zomato for having the guts to admit failure.

Anonymous 2

Hey I am on Medial • 3m

I know people will bash them, but this is actually the right move. Butttt instead of burning cash in unprofitable regions, they’re consolidating, which is smart. Focus on India, dominate home turf, and then maybe try again later with better prep.

Anonymous 1

Hey I am on Medial • 3m

Sad. Honestly, this was inevitable. Zomato expanded way too fast, with zero understanding of the local dynamics in half these markets. It’s not a wrap, it’s a clean-up of poor decision-making.

arman khimani

Hey I am on Medial • 3m

[This post has been removed because it does not comply with our rules]

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