No, Zomato’s Sales Have Not Dropped By 60% In 10 Hours
Posted On : Saturday, August 3, 2019, 7:27 AM
A fake graphic claiming food delivery app Zomato’s sales have decreased by 60% in 10 hours after users started boycotting it has gone viral on Facebook. The post has gained around 10 thousand shares and around 9,400 reactions at the time of writing the article. But, Zomato is a private company and unlike publicly listed companies, it is not required to disclose its financial statements to the public. BOOM (fact-checking website) also searched with various keywords like ‘drop in Zomato sales’, ‘Zomato sales down by 60%’, and ‘Zomato sales’ and they did not find a single news articles on the same.