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A profitable Zomato is finally here...but for how long?

Finshots Daily

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Zomato's AOV Isn't as High as It Should Be for Food Delivery

On average, there are around 17.5 million people using the platform on a monthly basis. Investors will have to wonder if the food delivery business is already captured all the low hanging fruit. Zomato has been pruning its city portfolio. In Jan this year, it decided to exit from 225 cities.

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