10-12% growth of dining corelate with 13% growth rate of dominos. I have seen dominos open new stores in many places in my tier 3 city. One outlet just got opened near my house at 400m distance and that is not some shopping mall or airport or railway station, its just a regular market place. La Pinoz is not good so I don’t track that. Even new shopping malls are opening which will have atleast 1 dominos outlet.
And food delivery is growing at 20% bcz market potential is not yet tapped and market potential is 3000Cr as of 2024 after which growth will come down to 10-12%.
And regarding ecommerce I don’t have much interest in that. I see it only as a threat to zomato, better to get rid of it asap. Or at least separate it so that it doesn’t affect zomato.
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