Zomato Annual Report 2019-20 File

Two major moves defined Zomato's market position during this period:

The 2019-20 fiscal year was characterized by aggressive expansion, which led to a significant widening of losses alongside skyrocketing top-line growth. zomato annual report 2019-20

: Revenue nearly doubled from ₹1,350 crore in FY19 to ₹2,485 crore in FY20. Two major moves defined Zomato's market position during

For many businesses, 2019-20 was a year of survival. For Zomato, it was a year of . The Zomato annual report 2019-20 is not just a financial document; it is a war diary. It captures the months before the storm (April 2019 to February 2020) and the two months that changed everything (March and April 2020). For Zomato, it was a year of

Zomato's fiscal year 2019-20 "Mid COVID-19 Performance Report" details a 105% surge in revenue to $394 million, driven by a 2x increase in delivery GMV to $1.496 billion. Despite a 6% increase in net losses to $293 million, the company significantly improved unit economics, moving from a loss of ₹47 per order to a profit of ₹27 by Q1 FY21. The period was marked by the acquisition of Uber Eats India and rapid expansion to 526 cities. Read the full story at The News Minute