Zomato achieves operational breakeven in six countries including India
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The countries in which break-even has been achieved are India, the UAE, Lebanon, Qatar, the Philippines and Indonesia. In totality, the Gurgaon-based company has operations in 23 countries.
"The biggest reason behind this is increase in revenues, which have doubled in the last four months," Zomato CEO
Zomato, which also entered into the food delivery business in 2015, is doing 13,000 orders on an average a week of Rs 575 each. They are in direct competition with players like Rocket Internet's Foodpanda and local startups like Swiggy and TinyOwl.
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