Those numbers and they are still not profitable. Where's the gap?
Giving free deliveries
Higher the GMV, Higher the losses 😛 (poor unit economics business)
I don't believe it. I rarely see zepto delivery on streets but blinkit looks more common.
Yea. The whole zepto thing looks fishy as f to me.
Not sure if they're doing better business in Mumbai.
Crazy execution, no doubt. To build a brand and scaled operations in this short a time!
Epic execution. Category creation
And, the founders are still 19 years old. 😂
Two years back 19 years old, now 21-22 years old
And sharp af. Their interviews are nothing short of now inspiring. So much clarity.
have you for once bothered to find out the size of the total market?
Yes their aov is around 400, slightly lower than Zomato. Market leader, category creator.
You should educate yourself. Don’t act like airbnb early investor who believed TAM to be really small to make a meaningful business.
Thats what she said.
Is it worth joining Scaler (fee - 3.1 lacs) ?