Zomato’s Losses Tripled Since IPO, Revenue Up 28% ...Middle East

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Zomato’s Losses Tripled Since IPO, Revenue Up 28%
New Delhi:  Food delivery platform Zomato, which witnessed a bumper IPO last month, has reported a significant loss in the first quarter (Q1) of the current financial year. The company reported a net loss of $48 million in the June quarter, up from nearly $13.5 million in the same period last year. According to the […] The post Zomato’s Losses Tripled Since IPO, Revenue Up 28% appeared first on Ommcom News.

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