As there is a deal for Paytm selling it for Zomato... hoping it will change from monopoly(Book my show) to other players who are trying to hold some market share on this.. hoping it will make sense starting now. Thoughts?
If the movie is failing to gain the footfall then what you expect?
The challenge isn't starting a booking platform. It's getting users to come buy tickets. If you can't reduce CAC or offer customers/distribution/sales, you can't do anything for event owners.
There are already many such startups, not all are doing well. They mostly focus on niches.
Zomato is eyeing a new dish: Paytm's ticketing business. The potential Rs 1,500 crore acquisition is a bold move by Zomato to diversify beyond its core food delivery domain.
The Strategy:
What strategic advantages does Zomato aim to achieve by acquiring Paytm's ticketing business, and how does this move align with its broader vision of expanding beyond food delivery? Are they going to make changes in existing platforms?
Swiggy was valued at $10B a couple of months back. Good luck employees waiting for ESOP buy-back in July 2023. Your shares are now worth half of what it used to be!
https://www.moneycontrol.com/news/business/invesco-cuts-swiggys-valuati...
