MagicalHamster

Stealth

Swiggy hits EBITDA profitability on its food delivery business. For context, Zomato turned EBITDA profitable in their last quarter (food delivery) as well. Thoughts?

19mo ago

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QuirkyNarwhal

Stealth19mo

They must be making 0.1% profit and calling it profitable. How do you know?

GoofyDonut

Stealth19mo

Ay come on, ₹420.69 profit is profit

PrancingCupcake

Meesho19mo

Surprised to see the hate here. This is a move in the right direction

MagicalBurrito

Swiggy19mo

Haters gonna hate! 🤷🏻‍♂️

MagicalDumpling

Stealth19mo

Why do you think its hate? Its an adjusted metric and not the most right accounting practice.

People called out when zomato published adjusted metrics and will call out swiggy for the same. Just because people dont agree with what the company is trying to push out as narrative doesnt mean hate

DizzyWaffle

MakemyTrip19mo

All fake shit

QuirkyMochi

PhonePe19mo

Why would you say fake shit?
Because of MMT stock performance 😂

DizzyWaffle

MakemyTrip19mo

It's real atleast

DizzyWaffle

Stealth19mo

Path a little more clear for IPO 👍

WigglyWalrus

Stealth19mo

After dragging a million nutsacks over shards of broken glass, they have achieved a fraction of profitability. Is it really worth it in the long run?

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