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Zomato likely to shut down grocery vertical Zomato Market

Shortpedia

Content Team
Image Credit: shortpedia

Zomato is planning to shut its newly launched grocery delivery service, Zomato Market, said two sources aware of the development. This comes as a surprise as the foodtech unicorn was on its way to expand the grocery delivery operations and recently announced that it is available in 80 plus cities in India. Zomato Market was expected to be a counter-attack from the Ant Financial-backed firm for its arch-rival Swiggy.