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What hurt Zomato’s profits in Q3; ZEVO’s EV logistics ambitions

YourStory LogoYourStory16h ago

What hurt Zomato’s profits in Q3; ZEVO’s EV logistics ambitions - YourStory

Quick Summary:

Zomato's revenue from operations was up 64.35% to Rs 5,405 crore in the third quarter of the financial year 2024-25, against Rs 3,288 crore in the same quarter of the previous year, according to a BSE filing.

Even amid the jubilation, though, crypto experts have raised concerns about the move: what happens to the asset class and its backers when the hype is gone?

The memecoin buzz helped a wider rally in the cryptocurrency market as well, with Bitcoin setting a new record high in early trading.


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Article Details

Author / Journalist: Team YS

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 02:00:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 25303867

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About YourStory

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 19 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #44

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