

CARS24 UAE is now profitable π
Talking product sense with Ridhi
9 min AI interview5 questions

Looks like some one is readying for an IPO ..

This reminds me of ola coming up with a statistics that excluding chine they are big. Imagine a hotel owner who is running losses but claims coffe tea are profitable.
Purpose of a business is to make profits. When that minimum is not met, these businessmen should not be proud of it. But as a society we have fallen for money. If you have money whatever done is considered awesome.

But is the profitability sustainable? Or is it 1-2 quarter only

Who cares?.. go for IPO and make money. The aim is to go for IPO.

@DaringTrain

Bwahahaha

What % of top line is from UAE?



DriveU Turns Profitable in FY24 with 66% Revenue Growth
- DriveU, an on-demand driver aggregator, reported a 66% revenue growth in FY24, turning profitable.
- Revenue spiked to Rs 24.50 crore, up from Rs 14.75 crore in FY23, driven by increased platform revenues.
- Despite revenue growth, the...

How is OYO doing ?
In last 6-8 months there has been lot of layoffs and many startup getting scrutinised due to funding etc..
But I canβt see Oyo name anywhereβ¦ Not much layoffs or nothing on their crunch.
Are they doing good or successful?