Zomato Share Price History, Revenue, Valuation and More

This Blog is About, Zomato Share Price history, Revenue, Valuation and More.

Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah, who both worked for Bain & Company.
The website initially started as a restaurant listing and recommendation portal called FoodieBay.
In 2010, the company was renamed to Zomato to avoid a potential naming conflict with eBay and because the founders were unsure if they would “just stick to food”.

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History of Zomato

Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah, both of whom had previously worked for Bain & Company.
The website was initially called FoodieBay and focused on restaurant listing and recommendations.
In 2010, the company was renamed to Zomato to avoid any potential naming conflicts with eBay and to reflect a possible expansion beyond just food.
Zomato has since expanded its services to include food delivery and table reservations.
Zomato currently operates in multiple countries.

Zomato uses a commission-based business model to generate revenue.
The company charges restaurants a commission for every order placed through its app.
Zomato also earns revenue from advertisements, such as the “promoted” restaurants that appear at the top of search results.

Online food delivery: Zomato lets users order food online from a variety of restaurants and get it delivered to their doorstep.
Live order tracking: Users can track their food orders in real-time using the Zomato app.
Food offers and discounts: Zomato provides various deals and discounts on food delivery and dining.
Contactless food delivery and dining: Zomato offers contactless food delivery and dining options to ensure maximum safety and hygiene.
Restaurant discovery: Zomato enables users to search and discover top restaurants, cuisines, and dishes in their area.
Restaurant details: Users can access restaurant menus, ratings, reviews, photos, contact details, map directions, and other essential information on the Zomato app.
Table booking: Users can book a table at a restaurant in advance to avoid waiting in queues.

Zomato’s platform lists a wide range of popular restaurants.
Some of the top brands on the platform include Domino’s Pizza, Empire Restaurant, McDonald’s, KFC, and Burger King.
The popularity of restaurants can vary depending on the location.

The current share price of Zomato is INR 64.9 Rs.

Zomato started as a restaurant listing and recommendation portal called FoodieBay in 2008 and was later renamed Zomato in 2010.
The company has expanded its services to include food delivery and table reservation, and has operations in multiple countries.
Zomato’s share price has seen both ups and downs since its debut on the stock exchanges.
For example, in August 2021, Zomato’s share price declined by 11% in just two days due to profit booking by anchor investors after the end of their mandatory lock-in period.
However, analysts remain bullish on the company’s long-term prospects.

Income Statement of Zomato

Balance Sheet & Cash Flow	Dec 2022	Y/Y Change
Cash and short-term investments	73.46B INR	—
Total assets	219.32B INR	—
Total liabilities	24.00B INR	—
Total equity	195.32B INR	—
Shares outstanding	8.25B	—
Price to book	2.56	—
Return on assets	-5.97%	—
Return on capital	-6.47%	—

Cash Flow
	Dec 2022	Y/Y Change
Net income	-3.47B INR	-448.42%
Cash from operations	-1.10B INR	45.80%
Cash from investing	2.43B INR	14.31%
Cash from financing	-392.00M INR	-114.21%
Net change in cash	930.00M INR	640.70%
Free cash flow	2.58B INR	—