Zomato IPO: How much appreciation can one expect? [Hint: The devil is in the det...
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Zomato IPO: How much appreciation can one expect? [Hint: The devil is in the details]
If this was not enough, there is another devil in details. The company changed its revenue recognition method midway. Earlier, Zomato counted delivery charges as revenue & netted off the discounts. Since Oct 2019, it converted to a “pure tech platform provider”, whatever that means
Anurag Singh
1)#ZomatoIPO : LONG THREAD: Once in a decade opportunity…. for some?
Is the IPO the golden opportunity for investors, as claimed by many? How much appreciation can one expect? A multi-year holding story or just a listing pop. This time it’s different, or is it? Let’s evaluate:
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