Zomato news: Zomato is positioning itself to compete with e-commerce giants like Amazon and Flipkart by expansion into the burgeoning direct-to-consumer (D2C) market. With the growth of its primary operations decelerating, analysts are increasingly recognising Blinkit as the forthcoming major growth avenue for Zomato., Companies News, Times Now
Analysts further see Zomato s quick commerce arm to show strong growth during the December quarter. Investors will keep an eye on the outlook on growth, margin sustainability, and Blinkit. In Q2, the company increased its profits sequentially to Rs 36 crore. Revenue from operations surged 71% YoY to Rs 2,848 crore.