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    HomeNewsBusinessMarketsAmbit retains Zomato as its core holding in Dec, says business model only partly imitable by Swiggy, Zepto

    Ambit retains Zomato as its core holding in Dec, says business model only partly imitable by Swiggy, Zepto

    Zomato has a high average order value in food delivery as well as quick commerce. Competitors who try to copy the business model of Zomato can only partially imitate this, says the asset manager

    Srushti Vaidya
    December 11, 2024 / 13:05 IST
    Zomato's 58 percent market share in food delivery is expected to grow beyond 60 percent in the next few years and, more importantly, Zomato is likely to capture over 75 percent of the industry’s profits, giving it an edge over Swiggy.
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