Post
Personal Finance
5mo
a chat and email support executive
Is Zomato too overvalued to enter right now?
I bought Zomato when it was in 60s and it has reached 200+. Though I like the money I have made, but I don’t see a sustainable business model here:
Food delivery commissions have made me switch to dining out. In the restraunts, I get a lower price as well as additional discounts on paying via Zomato
Quick commerce will become overcrowded and the dream margins will evaporate as soon as Flipkart and Reliance Industries enter . These players have a much higher bargaining power over manufacturers and can cut prices deeply.
Smart money is moving away with institutions selling Zomato and retail buying.
So should I hold or sell?
anjanadmi
5mo
student at
Jamia Millia Islamia
Dude, Quick commerce is growing like a wildfire and blinkit is still growing, even if reliance and Flipkart enter it'd be a bit hard for them to break into this industry quick even Amazon hasn't entered into the 10 min delivery sector and they most probably own the most widespread storage network. I still see huge potential in them, hopefully they don't choke like Paytm 🤞
View 2 more replies
a content writer
5mo
Zepto, BigBasket, Swiggy also exist. How is this duopoly?
a chat and email support executive
author
5mo
Amazon did try to enter the restaurant delivery market but failed with its pilot project
a content writer
5mo
user 2
Ik i meant the quick commerce of delivering goods in 10 mins, how blinkit can deliver a ps5 or phone in 10 -30 mins
an operations executive
5mo (edited)
I think Zomato will keep on booming the market as they have established themselves by cutting down their major competitors. But i want to know are you leaning more towards cashing in your profits, or do you think it might bounce back ? What’s your gut feeling ?
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