Zomato stock at all time high again 🚀
Sharing more context on what is driving this in the comments section 👇🏻
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What are. Investors thinking? Why is zomato a good stock to buy?
Just commenting personally. It has to do with better scale + economics vs. Swiggy. Also to do with how large the opportunity seems with Blinkit leading against both Instamart and Zepto while having better economics.
So in both key businesses better scale and margins, which continue to improve towards better profitability.
Swiggy folks crying in the corner. 🥲
Compared groceries brought on Dmart to Zepto,Blinkit for 1600 rupees there was a difference of 400 , costlier on apps
True , I buy very occasionally only the products which I need immediately for sudden plan
Otherwise never as prices are more on these platforms
For that we have better platforms like FK/amazn/myntra etc not zepto, blinks etc
Increasing market share, improved profitability QOQ, better brand positioning as Compared to S.