Home Zomato’s Food Delivery Growth Forecast Slashed by 4%; Blinkit Could Add Long-Term Value

Zomato’s Food Delivery Growth Forecast Slashed by 4%; Blinkit Could Add Long-Term Value

Brokerage JM Financial predicts muted growth in Zomato’s food delivery business in the 2023-2027 period.
However, their quick commerce business Blinkit could add long-term value due to its low penetration.

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