India's Zomato hits record high, bucking internet stocks' sluggishness
Friday, 1 March 2024
Shares of Zomato, the Indian food delivery platform, surged to a record high as improving profitability boosted investor sentiment. It dominates the food delivery market and is viewed as a standout performer with consistent earnings improvement and the potential of its quick commerce business, Blinkit.
Shares of Zomato, the Indian food delivery platform, surged to a record high as improving profitability boosted investor sentiment. It dominates the food delivery market and is viewed as a standout performer with consistent earnings improvement and the potential of its quick commerce business, Blinkit.
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