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This will surely help Zomato Jain huge profits in the upcoming quarters and the fiscal years. However, the food delivery apps in India constitute only 14% or 15% of the market value as compared to US and China, where online food deliveries constitute to about 40% to 50% of the market share. So clearly there is a lot of room for growth in India. Moreover, Sabey has the guidelines for startups to be listed on stock exchanges and hence they can go public pretty easily
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