Zomato (Initiating Coverage): The Safer Play on Quick Commerce, Fairly Valued. REDUCE
It’s probably an overreaction, but the more we learn about quick commerce (QC), the more this David Packard quote rings in our head: More...
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Zomato - Steady Revenue Growth; Blinkit Drags Profitability
Zomato logged a mixed performance in Q3FY25 – Revenue grew 12.6% QoQ, in line with our estimate, led by the Quick Commerce (QC), Hyperpure, and...
446 Views
Zomato - Short-Term Pain, Long-Term Gain
Zomato reported 3QFY25 revenues of INR54b, up 13% QoQ, in line with our estimate of 14% QoQ growth. Growth was led by Blinkit (GOV up 27% QoQ/120%...
350 Views
Zomato Ltd - Heightened Competition Will Impact Profitability in the Near Term
Zomato’s B2C business gross order value (GOV) growth of 14% QoQ and 57% YoY, reaching Rs 20,206 in Q3FY25 primarily led by Quick commerce GOV up...
500 Views
Zomato - Q2FY25 Results Broadly in Line; Board Approves Fund Raise
In Q2FY25, Zomato sustained >20% YoY GOV growth in food delivery. Gross take rate declined 20bps QoQ. We believe this was due to higher proportion...
335 Views