Zomato vs DoorDash: Homegrown food delivery platform performs better!
Tue, Feb 20, 2024 8:13 PM

Zomato vs DoorDash: Homegrown food delivery platform performs better!

A Flip by Shubhangi Gupta
Get it on Google Play
The food delivery market in India has been buoyed by the Covid-19, with the industry projected to grow rapidly in the coming years. Despite being a smaller market compared to the US, Indian Zomato has outperformed its American counterpart, DoorDash. Both platforms have similar strategies in place to acquire and retain customers, leading to a rise in profits and market value for both companies.

More great flips

Adani Wilmar's OFS for 20% stake opens January 10

Adani Wilmar's OFS for 20% stake opens January 10

Adani Wilmar has informed that one of the promoter companies, Adani Commodities will be selling up to 20% stake in the company through an Offer For Sale starting on January 10, with a floor price of Rs 275 per share. The OFS will have a base offer of 13.5% equity and a green shoe option for another 6.5% stake, a company filing said on January 9.

Open Flip
Mutual fund folios hit an all-time high of 22.5 crore in Dec

Mutual fund folios hit an all-time high of 22.5 crore in Dec

Mutual Fund folios hit at all-time high of 22,50,03,545 in December 2024, revealed the latest data released on Thursday by the Association of Mutual Funds in India (AMFI). Retail mutual fund folios (which include equity, hybrid, and solution-oriented Schemes) were at an all-time high of 17,89,93,911 for the month of December 2024, compared to 17,54,84,468 for the month of November 2024.

Open Flip
Share of household deposits in GDP rises in FY24 contrary to expectations

Share of household deposits in GDP rises in FY24 contrary to expectations

Even though there has been talk for long that household savings are moving from bank deposits to other financial products, especially to the capital market, data published by the ICICI Bank Global Market report for financial year 2023-24 seems to suggest that the share of total household deposits in GDP  has increased sharply to 4.7 percent in FY24, from 4.1 percent in the year ago period.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon