Zomato share price implodes amid lingering concerns
Food delivery stocks are still struggling as concerns about their business model, profitability, and competition remain. In India, Zomato (ZOMATO) share price plunged by more than 10% on Wednesday, bringing it closer to its all-time low. Similarly, in the UK, Deliveroo (LON: ROO) shares crashed by almost 2%. Why is…
January 25, 2023