The Pros and Cons of Compounding
A company compounding its topline growth can be an encouraging sign for an investor that his firm is on a growth trajectory, though that doesn’t necessarily mean it is achieving growth profitably.
zomato
February 2023
January 2023
December 2022
Zomato shares slide 7% as Q3 loss widens; analysts see 84% potential upside
Zomato’s Q3 loss widened to ₹346.6 crore in Q3 FY23, against a loss of ₹63 crore in the year-ago period and ₹250.8 crore loss in Q2 FY23.
Zomato shares nosedive 15% to hit 6-month low on strong volume trade
The share price of the online food delivery company trades 9% higher than its all-time low of ₹40.55 touched on July 27, 2022.
Less than year after launch, Zomato stops 10-minute delivery services
The 10-min food delivery service failed to attract profitability, say reports; Zomato now planning to pivot into a new product.
Amid layoffs, Zomato plans to hire 800 people across 5 roles
Zomato CEO Deepinder Goyal says the food ordering company has about 800 job positions open across five roles.
Zomato shares fall 4% after co-founder Gunjan Patidar resigns
Gunjan Patidar was one of the first few employees of Zomato and built the core tech systems for the company.
Uber, Dunzo, Ola, PharmEasy score lowest in providing fair conditions to gig workers
In minimum standards of fair work, Urban Company scored the highest 7 out of 10, followed by Bigbasket, Flipkart, Swiggy and Zomato.
Startup funding declines 35% YoY to $24.7 bn in 2022
The number of funding rounds has dropped by 30% to 1,841 so far this year from 2,647 seen in the Jan-Nov period last year, according to a report by Tracxn
Techpreneurs Taste Public Listing
Newly-listed start-ups do well in stock markets but will have to turn profits to justify their multibillion-dollar valuations.
Info Edge: On the Job
Gains in Zomato and a booming Naukri business boosted growth for the pure play Internet firm.
