Monday, January 4, 2021

Zomato loss soars 160%, revenue doubles in FY20

Zomato's net loss increased by 160% to Rs 2,451 crore in the year ended March 2020 compared to the previous year. Revenue grew slower, at a little more than 100%, to Rs 2,363 crore. The online food delivery company plans to have an IPO this year.

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