Tag: bullet

[ad_1] Shares of the food delivery platform have fallen more than 58 per cent from their all-time highs, leaving the stock firmly in place. However, the global brokerage maintains a mixed stance on this new age internet company. global research firm hsbc He believes that creating a grocery business will act as a “poison pill” for Zomato. This would require a reasonably high investment and hence be a waste of cash as well as it is likely to be a significant logistical challenge to execute. The brokerage highlighted that Zomato…