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... see more
awesomesnail
5mo
works at
@anjanadmi blinkit i... see more
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
@a chat and email support executive Yep wo plan hi kharab tha
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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