Zomato’s Paytm Deal: Big Risks and Bigger Rewards
Zomato’s acquisition of Paytm’s entertainment ticketing business comes with significant risks, warns Nomura. Smooth integration and initial cash burn are key concerns, especially with an unfamiliar team. However, with growth in quick commerce and food delivery, Zomato’s future remains promising. Investors eye a target price of Rs 280 amid potential long-term gains.