“Zomato posted a blockbuster set of Q3 results! Despite a somewhat muted demand environment, its gross order value (GOV) across consumer-facing verticals grew 47% You to hit Rs 12,886 cr. Its food delivery GOV grew 27% YoY, and is finally back up to +25% levels after the last few quarters.
the firm posted its third-straight quarter of profit! This shows its attempts at cleaning up its kitchen were successful and it is on a sustainable path towards annual profitability.”