Jomato, which is India's largest online food delivery company, is recently facing an unexpected economic crisis. In just 3 days, the company has lost more than Rs 44,600 crore, and this news has become a topic of discussion among investors, industry experts and customers. In this article, we will know what happened that Jomato faced this major loss and what are the reasons behind it.

1. Decline in stock market

Jomato's stock had been doing well in the market for some time, but its price has declined sharply in recent times. Within three days, the price of Jomato shares fell drastically, causing a loss of about Rs 44,600 crore in the company's market valuation. This decline shows the lack of investors's trust, and the upheaval in the company's financial position.

2. Financial status of the company

According to the company's quarterly reports, there has not been an expected increase in the income of Zomato, and the company's deficit has also increased. While competition in the field of food delivery has increased, Zomato needs to take strict steps to move towards its profit. The company will have to see its business models and strategies again so that it can reduce the loss.

3. Competition competing with competition

Apart from Jomato in the food delivery sector in India, there are many big players, such as Swiggi and Dominos. Acute competition between these companies has affected Zomato's market share. Due to this increasing competition, it is becoming difficult for the company to earn profit. Aggressive pricing and better services of these companies have created a challenge for Zomato.

4. Logistics and operational problems

Jomato's delivery network and logistic system also have some operational problems. Recently, the company has faced customers complaints about its delivery time, and it is affecting customers' satisfaction. Apart from this, some controversies have also come up with the company's employees and delivery partners, which have questioned the credibility of the company.

5. Effect of epidemic

During the Covid-19 epidemic, Jomato and other food delivery companies saw a great growth, as people started ordering online instead of eating out of the house. But now as the situation is becoming normal, eating habits outside have started increasing again, which has reduced the demand for online delivery services. In addition, the impact of investment and expenses made during epidemic is now visible, which has increased pressure on the company's financial situation.

6. Disappointment of investors

After Jomato's recent loss, there is an atmosphere of disappointment among investors. The fall in share prices has shook the confidence of investors, and many have started re -evaluating their investment. As a result, the company is having difficulty raising capital, which can further affect its path of development.

7. Future direction: What can Jomato do?

The time has come for Jomato to redefine his strategies. This will require the company to make its business model more efficient. Also, to combat growing competition, he will have to improve his products and services. In addition, focus will have to be paid to better service of customers and strengthening of delivery network.

Jomato requires new plans to improve its financial position and recover the trust of investors. It is necessary that the company controls its expenses and cuts the costs so that it can be beneficial and attains stability in the future.

Jomato's loss of Rs 44,600 crore is a major warning that it is not easy for any company to deal with frequent competition, operational problems and financial crisis. This is an important time for Jomato, and will have to see how it solves her problems and how to improve in the future.

If you are a fan of Zomato, it will be important to monitor the progress and development of the company at this time.