GoofyWalrus

Jio

Zomato's Net Profits Jumps To Rs 36 Crores

What do you think is the reason?

Brand Marketing

Operational Efficiency

198 votesexpired

12mo ago

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BouncyMochi

Stealth12mo

At the top line at which they operate, squeezing 36cr of profit through financial jugglery is not that difficult... Been ther, done that

GoofyWalrus

Jio12mo

Achhaaa, where?

BouncyMochi

Stealth12mo

Multiple startups... Real estate, edtech, hospitality

FluffyCupcake

Amazon12mo

Do they teach balance sheet reading in MU-PGP?

GoofyWalrus

Jio12mo

Yes

DancingHamster

Jubilant Foodworks12mo

All Profit coming from the 10,000 crore FD they are sitting on.

SqueakyMuffin

Zomato12mo

Well, that, and platform fees.

GoofyWalrus

Jio12mo

hahahahaha

SquishyBanana

Freelancer12mo

Extracting last bit of profit from delivery boys and restaurants and consumers.

GoofyWalrus

Jio12mo

hahahaha

SqueakyMuffin

Zomato12mo

Neither? It's the platform fees

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https://www.moneycontrol.com/news/business/startup/zomato-logs-2nd-straight-quarter-of-profit-at-rs-36-crore-revenue-grows-71-to-rs-2848-in-q2-11659321.html...

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https://economictimes.indiatimes.com/tech/startups/zomato-offers-to-acquire-shiprocket-for-2-million-report/articleshow/106183569.cms

Any one has any idea on what valuation Tribe is looking to lead $75M round into Shiprocket?

https://t...

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