Venture Mirror

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Beginner tutorial on how to use Claude Computer Agent

https://t.co/jNGc6rmEXe

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@rajeshsawhney There's more than meets the eye.

https://t.co/bJMiYPA3bZ

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Key takeaways:

- Zomato's profit relies on non-operational income
- Swiggy's growing fast and improving efficiency
- Both still working towards operational profitability
- The market remains highly competitive

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Zomato will be reporting a loss without this. Well, in the battle of Swiggy vs Zomato, many say Zomato is winning, but the reality is more nuanced. Here's a thread breaking down the numbers and what they really mean.

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Swiggy's 36% revenue growth is impressive in a competitive market. They're catching up - now only 7.7% behind Zomato in revenue.

The 44% reduction in losses shows Swiggy is improving efficiency. They're moving in the right direction, even if not profitable yet.

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End of thread.

Note to investors investing in new IPOs. Be aware of financial stability, governance practices, & legal standing of the companies. Many companies do creative accounting to show profits to gain trust of the investors.

Follow @venture_mirror for unbiased reporting

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2/ 🚀 September 2019: Byju's becomes the official sponsor of the Indian cricket team, marking a significant milestone. #Byjus #CricketSponsorship

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10/ 📉 July 2024: Byju's faces allegations of failing to deposit TDS with the government since July 2022. This non-compliance adds to its legal woes and could lead to severe penalties. #TaxCompliance #LegalIssues

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Once India's most valued startup, Byju's faces fresh trouble as NCLT admits BCCI's plea seeking insolvency proceedings against it

Byju's had once reportedly shown a profit when it announced its IPO plans. Here is a chronological thread about Byju's.

Thread (1/10) 🧵