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    Fundamental Radar I Long-term growth prospects for Zomato intact despite ONDC entry, says Sneha Poddar

    • ONDC
    • By   ONDC

    Publication - Economic Times
    Edition - Online

    Online food delivery aggregator Zomato reported a robust set of numbers for the quarter ended December, which beat analysts’ expectations. The company is set to deliver strong 70% YoY growth in FY24, with Blinkit outpacing the food delivery business because of geographical expansion, improvement in order frequency, and moderation in a competitive environment in the quick commerce industry, says Sneha Poddar of Motilal Oswal Financial Services.

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    Fundamental Radar I Long-term growth prospects for Zomato intact despite ONDC entry, says Sneha Poddar
    Online food delivery aggregator Zomato reported a robust set of numbers for the quarter ended December, which beat analysts’ expectations. The company is set to deliver strong 70% YoY growth in FY24, with Blinkit outpacing the food delivery business because of geographical expansion, improvement in…
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