Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?

Zomato's stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a significant loss in Blinkit due to heightened competition and substantial investments. Nevertheless, Zomato is committed to expanding Blinkit, Hyperpure, and quick restaurant delivery services, despite mixed analyst opinions on its future prospects.

from Economic Times https://ift.tt/DSaJpBR