Indian food delivery unicorn Zomato jumps as Q2 revenue doubles

Indian food delivery unicorn Zomato jumps as Q2 revenue doubles

Photo: Zomato

Shares of Indian food aggregator Zomato Ltd jumped as much as 5.8% on Thursday, as investors looked past a wider quarterly loss to focus on its robust revenue buoyed by a strong food delivery business and a rebound in the restaurant sector.