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Zomato’s market cap crosses $20 billion
short by Harsh / on Friday, 5 April, 2024
The market capitalisation of food-delivery major Zomato reached a new lifetime high of over $20 billion (over Rs 169,000 crore) on Friday. The share price has improved nearly four times to Rs 191 since January 2023. Zomato is now the most-valued internet company in India after Walmart-owned Flipkart ($35 billion), which is privately held.
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