I got into stocks like Zomato and Paytm when they IPOd expecting for them to rally up as many people did (I assume).
I don’t see how Zomato ever becomes profitable, Uber just posted a loss this quarter as well. If Uber can’t become profitable, how can we expect Zomato to do better…..
Paytm is trying to become profitable, they’ve built a lending book of 25k cr+ in last 1 year.
Ultimately, every fintech company end up becoming a lending company, case in point cred.
Zomato, unless they expand their business into any other segments i don't see prospect in their business. Cons : services only urban, not a monopoly, poor management. For that matter personally i dont believe in a business who wants to earn using mere an app taking orders and they won't own a product.
Bc why invest in these companies
Bitter truth, no. Unless you are willing to wait out 3-4 years. Zomato can still recover to IPO cost, Paytm will never simply because it was overvalued to start with.
Better to digest and move on.
Short answer, don't hold your breath
I think 6-7 years across nobody would have imagined Zomato and PayTM would be in such polar opposite zones Extremely...
Hum employees ko bhi bech de bhai tu
Zomato comeback is coming. Paytm ship is sinking
I have saved up close to a lac from my Internships, will be starting FT soon. I was thinking of YOLOing my entire savings by buying Zomato shares.
I really believe the company will grow multifolds in the future, also I won’t have qualms...
I like doing them do down. They deserve to burn in hell until they change their act
Ola needs to go down further. Until ceo comes to his senses, stock will reflect the same
What to do I have put 1.5 lakhs at 100 per share😢
Sharing more context on what is driving this in the comments section 👇🏻
