The Zomato IPO: A Bet on Big Markets and Platforms!
Musings on Markets
JULY 22, 2021
Revenues did drop in 2020, as COVID restrictions put a crimp on the restaurant business, but the quarterly data suggests that business is coming back. That number was 23.13% in FY 2020, but dropped to 21.03% in FY 2021, as shut downs put a crimp on business.
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