Grab a lollypop chicken and understand why #Zomatoipo is useless.

A thread 👇

1/. Our technology platform connects customers, restaurant partners and delivery partners, serving their multiple needs. Customers use our platform to search/discover restaurants, read/write reviews
and upload photos, order food, book tables and make payments while dining-out. Zomato provide restaurant partners with marketing tools to acquire customers.
Food consumption, at US$670 billion in 2019 constitutes around a quarter of India’s GDP. However, most of this is driven by home-cooked food and restaurant food (or Food Services) currently contributes only approximately 10% to the food consumption market. This is substantially..
...low when compared to United States and China. According to RedSeer, we have a large total addressable Food Services market opportunity of US$65 billion growing to US$110 billion in 2025.
2/. The company made a revenue of 1301 Crores with a loss of 682 crore...

You heard it correct. This is taken from their DHRP.
3/. The shareholders include,
4/. While they have mentioned about Market Share and competition. The below chart is misleading with no y axis nor comparison with @swiggy_in


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