Zepto Files for IPO to Raise ₹110 Billion Amid Intensifying Competition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: CNBC
- Market Potential: According to Redseer, India's online grocery market is projected to reach $24 billion by 2025, highlighting significant growth potential in the quick commerce sector that attracts numerous players.
- Funding Plans: Zepto has confidentially filed for an IPO aiming to raise ₹110 billion (approximately $1.22 billion), which will provide crucial funding for its expansion and competitiveness in an increasingly fierce market environment.
- Intensifying Competition: With Amazon launching its 15-minute 'Amazon Now' service, Zepto faces strong competition from e-commerce giants, and the quick commerce market share is expected to rise from the current 10% to 40%-50%, compelling companies to accelerate their path to profitability.
- Financial Challenges: Zepto's losses widened to ₹33.67 billion in FY25 from ₹12.15 billion the previous year, reflecting severe profitability challenges amid intense price competition in the sector.
WMT
$111.74+Infinity%1D
Analyst Views on WMT
Wall Street analysts forecast WMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WMT is 121.92 USD with a low forecast of 108.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
26 Analyst Rating
26 Buy
0 Hold
0 Sell
Strong Buy
Current: 111.610
Low
108.00
Averages
121.92
High
130.00
Current: 111.610
Low
108.00
Averages
121.92
High
130.00
About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services. The Walmart International segment consists of the Company's operations outside of the U.S. through its subsidiaries, as well as eCommerce and omni-channel initiatives. The Sam's Club U.S. segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
