Is this really needed for Zomato..!?

Sowmiya Sriram
Is this really needed for Zomato..!?

India's leading online food delivery service zomato recently acquired BLINKIT for a sum of Rs 4500 crore to expand its business. The takeover provided huge growth opportunities for Zomato's growth and expansion, but it only data-faced a continued decline in the mumbai stock market due to mixed views among investors.
In this situation, a post posted by zomato on twitter has also had a great impact.
 Zomato has asked its followers on twitter if the first 6 months of 2022 were a meal, what would it be? More than 1000 people have answered this one question so far.
Sourav replied that it was zomato stock, which has fallen by around 60.38 percent in 2022 alone. As a tease of this, zomato company's twitter question has been tweeted as zomato Stocks Ka Bharta.
Similarly, another teased a 60.7 percent decline with zomato soup. Among the first-ever IPO in the startup market, Zomato's market capitalization continues to decline despite its troubled financial IPO and huge investment. While some people are raving about zomato, most of them have seriously answered the question of what would be your diet for the first 6 months of 2022?
Many important biryanis have been mentioned in this. Among them, they have hit a lot of names like veg biryani, cardamom rich biryani, and melted ice cream. How about asking the same question to stock market investors?

Find Out More:

Related Articles: