Consumer Analyst / Channel Surveillance Specialist, Trudence Capital Advisors

Pranav Bhavsar

Consumer Analyst / Channel Surveillance Specialist

ASA Capital Management

ASA Capital Management is a boutique Research and Investment Advisory firm focusing on primary research in India. ASA provides bespoke research services to Institutional Clients with a focus on due diligence backed with primary research, Field Trips & Channel Checks.

Thematic (Sector/Industry)

Our Channel checks for the Indian F&amp;B (Food and Beverage Industry) indicate changing consumer behaviour along with a change in market structure which could accelerate due to the current COVID-19 crisis. Interesting investment opportunities would include organised F&amp;B brands, delivery aggregators and also digital payment providers.

Our Channel checks for the Indian F&amp;B (Food and Beverage Industry) indicate changing consumer behaviour along with a change in market structure which could accelerate due to the current COVID-19 crisis. Interesting investment opportunities would include organised F&amp;B brands, delivery aggregators and also digital payment providers. 

India F&B | Channel Checks Indicate Market Share Gains for Organised Players Post COVID-19

Equity Analyst, LightStream Research

Aqila Ali

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Private Capital Markets

<a href="https://www.smartkarma.com/entities/uber-technologies-inc" target="_blank" data-smartkarma-citation="entities:430:1" rel="noopener">Uber (UBER US)</a> announced on Monday that it would be selling its Uber Eats business in India to Zomato, a home-grown player with a leading market share in the country. However, Uber will reportedly own close to 10 % of Zomato after the sale. According to reported news, the Uber Eats’ India business was sold for a value of around $350m. It seems that Zomato (which is also a loss-making firm) is able to proceed with the deal given its recent financing round, where it raised around $150m from Ant Financial (in December 2019) and is expected to raise another $400m or so during the next few weeks.In our opinion, the move seems to be a positive, especially for Zomato. Attempting to reduce losses and achieve profitability, Uber exited SEA last year, and its food delivery business in India is its latest unprofitable business exit.  For Zomato, the move helps its aggregate market share in the highly competitive online food business market in India, where competition will now be mainly with Swiggy.  <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/114/780/original/image_77205941721579691289064.png?1579691292" class="editor-image img-responsive" data-smartkarma-image-id="114780"></figure><blockquote>"We are proud to have pioneered restaurant discovery and to have created a leading food delivery business across India. This acquisition significantly strengthens our position in the category," said Deepinder Goyal, Founder and CEO of Zomato.</blockquote>

Uber (UBER US) announced on Monday that it would be selling its Uber Eats business in India to Zomato, a home-grown player with a leading market share in the country. However, Uber will reportedly own close to 10 % of Zomato after the sale. According to reported news, the Uber Eats’ India business was sold for a value of around $350m. It seems that Zomato (which is also a loss-making firm) is able to proceed with the deal given its recent financing round, where it raised around $150m from Ant Financial (in December 2019) and is expected to raise another $400m or so during the next few weeks.In our opinion, the move seems to be a positive, especially for Zomato. Attempting to reduce losses and achieve profitability, Uber exited SEA last year, and its food delivery business in India is its latest unprofitable business exit.  For Zomato, the move helps its aggregate market share in the highly competitive online food business market in India, where competition will now be mainly with Swiggy.  "We are proud to have pioneered restaurant discovery and to have created a leading food delivery business across India. This acquisition significantly strengthens our position in the category," said Deepinder Goyal, Founder and CEO of Zomato.

Alibaba-Backed Zomato Buys Ubers’ Eats Business in India

India

Zomato Limited is an online restaurant guide and food ordering platform. The Company offers platform connects customers, restaurant partners and delivery partners to search and discover restaurants, read and write customer generated reviews, order food delivery, book a table, and make payments while dining-out at restaurants. Zomato serves customers worldwide.

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Zomato (ZOMATO IN)

Alibaba-Backed Zomato Buys Ubers’ Eats Business in India

Uber (UBER US) announced on Monday that it would be selling its Uber Eats business in India to Zomato, a home-grown player with a leading market...

Aqila Ali

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

India F&B | Channel Checks Indicate Market Share Gains for Organised Players Post COVID-19

Our Channel checks for the Indian F&B (Food and Beverage Industry) indicate changing consumer behaviour along with a change in market structure...

Pranav Bhavsar

Alibaba-Backed Zomato Buys Ubers’ Eats Business in India

Uber (UBER US) announced on Monday that it would be selling its Uber Eats business in India to Zomato, a home-grown player with a leading market...

Aqila Ali