/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
After a decade of being in business, Zomato is still selling investors a distant dream where it will somehow become a viable business.
Yesterday Zomato, one of India’s two big food delivery companies, filed its draft papers for an initial public offering. This has been a long time coming. Never before have India’s public market investors encountered an internet stock which has never turned a dime in profit in its corporate history. Well, now we have one and we’ll see how that goes.
On the face of it, it is important to establish what Zomato is not. It is not Just Dial, one of the famed public market internet stocks of its time. Zomato is certainly not Info Edge, incidentally the food delivery …
The region seems to be hyper-focused on boosting investor confidence in different markets; PIF’s new loan.
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
