Will Swiggy IPO affect Zomato Stock Performance?
Talking product sense with Ridhi
9 min AI interview5 questions
How swiggy employees will benefit from this? Both current and ex. Almost zero bitching now when IPO is just about to happen
How easily people come to conclusions. Not everything is an IPO. Come, see the private feed of Swiggy, and you’ll realize how much Swiggy folks bitch about the company.
Just because you don’t see it, doesn’t mean it isn’t happening or everyone has shut their mouths for the IPO. 🤦🏻♂️
Why will Zomato get affected due to swiggy ipo? If anything it might increase Zomato stock price even more Also Zomato has better financials than swiggy.
Why will Zomato get affected due to swiggy ipo? If anything it might increase Zomato stock price even more.
Yes, that's exactly how it's gonna affect it. Both will go up majorly, especially when we post an even higher earnings this quarter.
They have even offered 20% discount to HNI investors
But Zomato is ahead in Food and Grocery business both.
As deepinder said , blinkit will become larger than Zomato. The comparison for now should be based on quick commerce, that's where the gold is. And blinkit seems to be working better than instamart. Although I feel Zomato's share price will decrease once swiggy becomes public, cz r8 now there is nothing to compare Zomato against in market
Zomato share will definitely get hit. Now it’s enjoying scarcity premium that will cease to exist once Swiggy hits the street
Zomato stock price may get corrected due to market correction as it has already priced in next semester profitability and not due to Swiggy IPO. Swiggy IPO success depends on two things, their business numbers and market. If the market corrects post elections(as election also priced in, or if NDA doesn't gets 400 even after Saam daam dand bhed 🤣, or due to any other reason), the IPO may not be a success.
It won't affect Zomato. Zomato has expensive valuation because of Blinkit. Swiggy Instamart is yet to be there. Both will see big run ups in next one year and then may consolidate.
So there are company speocifc private feeds on GV?