DerpyTaco
DerpyTaco

Will Swiggy IPO affect Zomato Stock Performance?

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8mo ago
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PeppyNarwhal
PeppyNarwhal

Zomato is already at a very high valuation. Currently it’s more than $20B. Infact Swiggy should get benefitted from Zomato’s valuation. Interesting times ahead. 💰💰

ZestyQuokka
ZestyQuokka

Shelby, you got ESOPs?

PeppyNarwhal
PeppyNarwhal

Yep

SillyMochi
SillyMochi

How swiggy employees will benefit from this? Both current and ex. Almost zero bitching now when IPO is just about to happen

PeppyNarwhal
PeppyNarwhal

How easily people come to conclusions. Not everything is an IPO. Come, see the private feed of Swiggy, and you’ll realize how much Swiggy folks bitch about the company.

Just because you don’t see it, doesn’t mean it isn’t happening or everyone has shut their mouths for the IPO. 🤦🏻‍♂️

ZoomyMochi
ZoomyMochi
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JumpyPotato
JumpyPotato
Cred8mo

Why will Zomato get affected due to swiggy ipo? If anything it might increase Zomato stock price even more Also Zomato has better financials than swiggy.

SqueakyMuffin
SqueakyMuffin

Why will Zomato get affected due to swiggy ipo? If anything it might increase Zomato stock price even more.

Yes, that's exactly how it's gonna affect it. Both will go up majorly, especially when we post an even higher earnings this quarter.

ZestyQuokka
ZestyQuokka

They have even offered 20% discount to HNI investors

DizzyNarwhal
DizzyNarwhal

But Zomato is ahead in Food and Grocery business both.

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