Zomato IPO Review - Unit Economics, Growth Potential, Key Risks: ICICI Direct

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.Zomato is one of the leading food service platforms in India in terms of value of food sold as of March 31, 2021. It was initially launched as “DC Foodiebay Online Services Pvt.” in January 2010. During FY21, 3.21 crore average monthly active users visited the platform. It is currently present in 525 cities in India with 389,932 active restaurant listings. It also has footprint across 23 countries outside India.Over the past 12 years, it has grown from food discovery platform to a food service platform with four major segments: Food delivery (B2C) - The company is a leader as per RedSeer.Dining out (B2C) – Provides tools for restaurant owners to acquire customers.Hyperpure (B2B) – Started in 2019, it provides ingredients and kitchen products to restaurant partners.Zomato Pro – It is a paid membership programme which unlocks flat percentage discounts for its customers..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Zomato IPO Review - Unit Economics, Growth Potential, Key Risks: ICICI Direct