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DingDong
DingDong
Razorpay

Will Swiggy IPO affect Zomato Stock Performance?

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7mo ago
Thomas_Shelby
Thomas_Shelby
Swiggy7mo

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. 💰💰

BiryaniEnthu
BiryaniEnthu
Stealth7mo

Shelby, you got ESOPs?

Thomas_Shelby
Thomas_Shelby
Swiggy7mo

Yep

Brutallyhonest
Brutallyhonest
Stealth7mo

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

Thomas_Shelby
Thomas_Shelby
Swiggy7mo

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. 🤦🏻‍♂️

FeatureFairy
FeatureFairy
Startup7mo
Xvz
Xvz
Cred7mo

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.

DiwaliBonus
DiwaliBonus
Zomato7mo

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.

BiryaniEnthu
BiryaniEnthu
Stealth7mo

They have even offered 20% discount to HNI investors

StrangeSnow1
StrangeSnow1
Others7mo

But Zomato is ahead in Food and Grocery business both.

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