Are you guys buying more Zomato stock?>

Sharing more context on what is driving this in the comments section 👇🏻

All Zomato employees including me and 3 more close friends dumped all our shares we got and bought after recent price hike.

was looking at the financials of Zomato. It's profit roce etc has been negative consistently still the stock price has been increasing throughout the last year. Have recently started fundamental analysis of stocks and so just Trying to make some sense of it. Can anyone explain in such a scenario what other factors should we look into ?? I see there's about 50%+ holdings in it by FII. What do they look for before investing heavily in such a company ??

I have saved up close to a lac from my Internships, will be starting FT soon. I was thinking of YOLOing my entire savings by buying Zomato shares. I really believe the company will grow multifolds in the future, also I won’t have qualms if they don’t do well and I end up losing my money. I feel it’s better to take a bet on this as the money isn’t really significant and is better used if Invested somewhere. I might just end up wasting it buying AJ1s, Airpods and all that expensive stuff. What do you guys think about this? What’s your view on Zomato’s future? PS- No Index funds, MF advices pls. I’ve done enough research and will Invest once I start getting monthly salary from my FT Job.

- Ant Group, an affiliate of Alibaba, has achieved a fourfold return on its investment in Zomato after selling shares worth over Rs 4,772 crore - The Chinese ecommerce giant initially invested Rs 3,246 crore in Zomato between 2018 and 2020 and has now pocketed Rs 12,521 crore from its stake sales. - Zomato's stock has been rising, driven by the growing value of its quick-commerce unit Blinkit, which UBS values at $15.4 billion, surpassing Zomato's main food delivery business. Source: [Economic Times](https://economictimes.indiatimes.com/tech/technology/ant-group-nets-4x-return-on-investment-in-zomato-after-latest-part-stake-sale/printarticle/112661054.cms)

Food tech market is 50B+ ( duopoly) Most of my friends use swiggy for everything like food, groceries and dine out. They say Zomato sucks in ui ux and 3rd grade restaurants are there at Zomato, swiggy is better at offers and quality restaurants. Zomato peak stock value was 180inr, which makes it a 15B firm, by that logic swiggy can get even 20B ipo. PS - Baron capital already raised swiggy valuation to 13.9B usd What do u think guys?

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