At current valuation, Zomato a compelling buy but keep eye on Blinkit biz: Karan Taurani

“Close to 85% of Zomato losses are coming from the Blinkit business. One does not know the unit economics of this business and how it is going to pan out. The AOVs are high, the frequency is high, the order growth is fine today but once Blinkit scales up beyond three or four cities, will the economies sustain and where will the losses be?”

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