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Twitter reacts to Zomato's valuation markdown
short by Pragya Swastik / on Monday, 9 May, 2016
After HSBC on Monday marked down the valuation on Zomato from $1 billion to $500 million, users reacted with tweets like "Everything is worth what its purchaser will pay for it". "Bubble burst due to scorching heat?", read another tweet. "Whatever the current status, lets not forget that startups like #flipkart, #zomato, #ola have changed our lives", tweeted a user.
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