Zomato: A Hot Indian Food IPO During a Tech Cold War
Updated: 03 Jun 2022, 08:33 AM IST
TL;DR.The debut of delivery app Zomato raises hopes for data-rich unicorns, but Chinese-style warning signs are growing.
FILE PHOTO: A delivery worker of Zomato, an Indian food-delivery startup, prepares to leave to pick up an order from a restaurant in Mumbai, India, July 13, 2021. REUTERS/Francis Mascarenhas/File Photo